Major retailers say they ordered too much stock for their shelves in 2020 and 2021, and now they need to clear it out and are offering big price cuts.
Some markdowns as much as 70% or more
Coronavirus Impact on Fashion: Bankruptcies, Store Closures and More
Interviews — Prof. Kelly Goldsmith
Interviews — Prof. Kelly Goldsmith
How to Prevent Excess Inventory During (and After) BFCM
Nordstrom Rack - Clearance Clear-Out! In Stores Only Now
Kelly Goldsmith Professor of Marketing - Expert with Vanderbilt
Target Will Cut Prices to Clear Out Unwanted Inventory, Taking a Profit Hit - The New York Times
Forecasting And Inventory: Comparing The Fashion And Tech Calendars - The Interline
Surplus Summer Deals Are Coming as Supply-Chain Issues Ease - WSJ