01870nas a2200169   4500008004100000020002200041245009700063210006900160260000900229300001200238490000600250520125000256653001701506100002701523700002301550856012701573       2019                        eng d  a978-3-030-20118-000aDeterminants of Excess Inventory Announcement and Stock Market Reaction in the Retail Sector0 aDeterminants of Excess Inventory Announcement and Stock Market R  c2019  a197-2330 v83 aIn this paper, we empirically analyze the determinants of excess inventory announcement and the stock market reaction to the announcement in the US retail sector. We examine if the firm’s operational competence, as measured by total factor productivity (TFP), can explain the retailer’s excess inventory announcement. We also investigate if the stock market reaction to such announcements is conditional on the operational competence of the announcing firm. We use a combined dataset on excess inventory announcements, annual financial statements, and daily stock prices of publicly traded retailers in the USA between 1990 and 2011. We find that operationally competent retailers have a lower probability of announcing excess inventory in the following year. In addition, the stock market penalizes excess inventory announcements made by operationally competent retailers more severely than those made by their less competent peers. Finally, providing action information, which the firm has taken or plans to take to deal with the excess inventory, moderates the negative association between firm’s operational competence and abnormal returns due to the announcement, whereas we do not find such moderating effect with reason information.10aSupply Chain1 aLee, Hyun-Seok, (Huck)1 aKesavan, Saravanan  u/biblio/determinants-excess-inventory-announcement-and-stock-market-reaction-retail-sector00579nas a2200133   4500008004100000245010500041210006900146260000900215653001700224100002700241700002300268700002300291856013100314       2019                        eng d00aManaging the Impact of Fitting-room Traffic on Retail Sales: Using Labor to Reduce Phantom Stockouts0 aManaging the Impact of Fittingroom Traffic on Retail Sales Using  c201910aSupply Chain1 aLee, Hyun-Seok, (Huck)1 aKesavan, Saravanan1 aDeshpande, Vinayak  u/biblio/managing-impact-fitting-room-traffic-retail-sales-using-labor-reduce-phantom-stockouts