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Nordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why.

Posted by: ICB
Category: Air Freight, Contract Logistics, COVID-19, Customs Brokers, Freight Forwarding, Ground Freight, Imports, Ocean Freight, SCS Management, Special Offers

The accounting practice can interfere with merchandising and pricing decisions while also muddying the picture on inventory shrink, experts say.

Author: ICB

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