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Improve Margin, Increase Revenue MORTEN SØRENSEN Improve Margin, Increase Revenue MORTEN SØRENSEN

The $1.75 trillion Retail Ghost Economy

The $1.75 Trillion Retail Ghost Economy - The lost retail revenue from sales returns, overstocks and out-of-stocks.

For a typical retailer, the losses are the equivalent of increasing revenue by 11.7 percent. Another way, retailers currently lose 11.7 percent of revenue due to the combined impact of overstocks, out-of-stocks and needless returns (preventable returns). Imagine adding $117 million for every $1B in retail sales.

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