Definition, Meaning & Synonyms

destock

verb

/diːˈstɒk/

Definition

To reduce inventory by selling off excess stock.

Examples

The company decided to destock its warehouse to address the surplus inventory.
After a successful clearance sale, they were able to significantly destock their retail space.

Meaning

Destocking involves taking measures to lower the amount of unsold goods a business has on hand. This can be done to improve cash flow or to make room for new products.