Friday, November 25, 2022

Retailer's Huge Holiday Wish?

Retailers’ biggest holiday wish is to get rid of all that excess inventory.  As some of the nation’s largest retailers report quarterly earnings and revenue, Wall Street is paying close attention to another number, too — inventory levels.

Who isn't carrying a great deal of inventory lately?  And who isn't experiencing issues with goods ordered pre-pandemic that are finally arriving now?  Yes, you read that right.  It's been one helluva ride for many companies.  

Whether it be Walmart, Target, Gap or Kohl's, they are all trying to sell through a glut of extra merchandise piling up in store backrooms and warehouses.

All retailers want for Christmas is diminished inventory levels.

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