The maker of the Funko Pop! collectibles plans to toss more than $30 million worth of its inventory, after realizing it has more of its pop culture figurines than it can afford to hold on to.
Funko Pop Star Wars action figures line the shelves at Meltdown Comics and Collectibles in Los Angeles in 2015.Funko Pop Star Wars action figures line the shelves at Meltdown Comics and Collectibles in Los Angeles in 2015.The maker of the Funko Pop! collectibles plans to toss millions of dollars' worth of its inventory, after realizing it has more of its pop culture figurines than it can afford to hold on to.
The inventory has filled the company's warehouses to the brim, forcing Funko to rent storage containers to hold the excess product. And now, the product is worth less than it costs to keep on hand. "This includes inventory that the Company intends to eliminate in the first half of 2023 to reduce fulfillment costs by managing inventory levels to align with the operating capacity of our distribution center," Funko
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