The market downturn is far more significant than most people projected and in turn is causing many people a fair amount of pain. Companies that loaded up on inventory or had high cost models of distribution to support never ending sales growth are seriously challenged when the remaining buyers are searching for real savings and value instead of gimmicks. Some of the old business models don’t work anymore and the same inventory that used to be their growth engine is like a noose around their necks. Real … [Read more...]
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