This Tech Company Wants To Shake Up The Off-Price Retail Business
by MR Magazine Staff
Dec 30, 2015
In the past, when traditional retailers or brands have tried to offload inventory to these stores, which include T.J. Maxx and others, the stores are handed a long list of codes that correspond to each style up for sale. Because these lists are so tough to decipher, off-price buyers are often stuck searching for images of each of these products, or placing bulk orders without knowing exactly what they’re getting. A new software solution hopes to change that. Created by 2-year-old technology company Inturn, the program automatically calls up images for each item being sold, thereby speeding up the negotiation process. See more at CNBC.
