Nordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why. The accounting practice, embraced by department stores in the 1920s, is outdated, skews ...

First it was supply chains during the pandemic; then shrink, i.e. inventory lost to theft. Next up: Retail Inventory Method (RIM) of accounting.

Retail Inventory Pileup, Uneasy Shoppers Put Retailers in Jeopardy Chains have a glut of goods heading into big sales period just as some shoppers are pulling back ...