“…you can shuffle your inventory into different price points depending on what’s happening with the prices of metals and the perceived value of the inventory you own – which you should be living off of as things begin to get back to normal.
You can use the next couple of weeks to work on re-merchandising your stores, re-assorting and re-displaying your showroom and getting the inventory you own set up to be sold, at whatever price they might fit into. This is the time to live off of this inventory and to take it seriously. … At the end of this debacle, weeks or months from now, as things get back to normal, it would be good for you to be in the same frame of mind of keeping your inventory lean, but for now, let’s deal with all of that cash that’s tied up in merchandise. “ – Abe Sherman Living off The Fat of the Land