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What does destock mean?

Looking for the meaning or definition of the word destock? Here's what it means.

Verb
  1. To reduce the amount of stock held (by a retail establishment)
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Examples
We have a small feedlot, and we've actually had to destock because it has been dry.
The economic downturn has affected both turnover and margins, with cashflow problems being exacerbated by the company's inability to destock, given market conditions.
The water quality coming down the river leaves a lot to be desired and he had to destock completely through the drought and is gradually restocking.
In all regions, demand for chemical products did not pick up in the first half of January and customers are continuing to destock.
Farmers who are required to destock have approximately one year to reduce their sheep numbers.

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