The retailer saved millions in distribution and warehousing costs as improved sales and order forecasts reduced the need to overstock in-house supplies.
What it says there, in the ‘model’ contract between publisher and author, is that, one year after a book has appeared, the publisher shall have the right to dispose of copies as a remainder or overstock .
Some 78 brand name stores offer overstock , out-of-season and even slightly faulty items at bargain prices.
This has allowed the company to handle overstock from key suppliers internationally and supply specific packages of music products to non-traditional outlets such as bars, restaurants and clothes retailers.
Chilling: Don't overstock your fridge or freezer.
We've struggled to keep up and cleared out most of our overstock .
In anticipation of higher sales, and due to poor forecasting, a gallery may overstock a particular item or resource.
Far from speculating on a price rise when demand picks up in the future, our retailer will put his overstock on sale when demand is weak.
There would be penalties - today it is voluntary - where there would be penalties for failing to comply when they overstock the transmission lines with excessive electricity.
The answer, then, to keeping our second-hand bookshops in new stock is for our book distributors and publishers to let second-hand book dealers have access to their overstock .