Sell, stow or dump? Retailers wrestle with mountain of unsold stock
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MADRID/LOS ANGELES (Reuters) - Forget fast or slow fashion, now it's ground to a halt. A mountain of apparel stock has been piling up in stores, distribution centers, warehouses and even shipping containers during months of COVID-19 lockdowns. As retailers reopen around the world, they have to work out how to get rid of it.Their main options? Keep it in storage, hold a sale, offload it to "off-price" retailers like TJ Maxx which sell branded goods at deep discounts, or move it to online resale..