Question: If you are a store that sells shirts, and you are sold out of the Large size 99% of the time, but the other sizes are always available, how should you adjust your stock for the future? Answer: No one in retail knows, obviously, or someone would have done it by now.
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We had this problem at Dillard's. I suggested ordering a different balance of shirts based on a single store's sales, but they don't want the data to be that granulated.
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Wal-Mart has the power to do that, but Bob’s Tee Shirt and Bait Emporium doesn’t have the channel positioning to dictate terms.
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Same for shoes.
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10 cases of coke, 10 cases of diet coke and 10 cases of diet dragon fruit strawberry soda.
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They do.
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