Question: A Very Wrong Inventory for the Retail Sector This could be the year of clearances and deals. Retailers have seen a surge of inventory as
A Very Wrong Inventory for the Retail Sector
This could be the year of clearances and deals. Retailers have seen a surge of inventory as they found themselves carrying too much stuff that consumers no longer want so much of including basic apparel, home appliances and furniture.
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Ahead of last holiday season, retailers ordered with plenty of cushion in mind to prevent empty shelves. The latest indication was from Kohl's which reported that inventory rose compared with a year earlier. Walmart and Target saw inventory swell by and Offprice retailers Burlington and Ross Stores indicated that they also saw closeout inventory start to skyrocket.
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