The retail industry was hard hit by COVID. Some retailers, those with robust eCommerce sites built on modern technology were able to quickly make changes to pivot their operations to adapt to restrictions, meet new customer needs, and generate sales.
The current reality for retailers is no matter what the size of your business, excess inventory is the current greatest pain point and risk for you.
Retailers have many liabilities that are part of the cost of doing business, and we just accept them vs. stepping back and conducting a review to assess and change strategies, which in turn gives you more freedom, whether that be increased cashflow, profit, or more time back.