destock
verb [ I or T ]
uk/ˌdiːˈstɒk/ us COMMERCE
to reduce the amount of stock (= goods kept available to sell), or the amount of materials for making new products:
Retailers will be destocking previous versions of the product in the months before the new version is launched.
destocking
noun [ U ]
Cosmetic companies are claiming that destocking by retailers is to blame for their poor financial results.