Topline Target this week announced it had followed in the footsteps of a host of other major retailers that purchased too much of certain goods—now customers may see major markdowns on goods like appa...
Tag: Inventory
Target warns of squeezed profits from aggressive inventory plan
Target warned investors Tuesday that its profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive steps to get rid of extra inventory. The retailer slas...
Target Inventory Warning Portends Retail Bloodbath
Target ’s inventory problem is turning out even worse than it expected just a short time ago. Its latest warning could portend a promotional bloodbath among retailers this summer. The retailer on Tues...
Retailers Are Drowning In Inventory
A man passes in front of a Target Corp. store on Black Friday in Dallas, Texas. Photographer: Laura … [+] Buckman/Bloomberg © 2017 Bloomberg Finance LP TargetTGT is the latest retailer to reveal...
Walmart says reducing inventory glut will take ‘couple quarters’
Walmart Inc. said it needs another two quarters or so to work through an inventory surge that prompted markdowns and contributed to last month’s steep stock decline. About a fifth of the 32% jump in i...
Beach house inventory is up, prices are down
The rental market in the Hamptons is facing an unexpected chill this summer. After two years of strong demand and soaring prices, the supply of rentals in the Hamptons is surging, leading to a wave of...
After Ukraine/Russia Pullout, Polish Fashion Group LPP’s Inventory Weighs On Share Price
Reserved shop inside Galeria Krakowska shopping mall in Krakow. (Photo by Beata Zawrzel/NurPhoto via … [+] Getty Images) NurPhoto via Getty Images Russia’s invasion of Ukraine is starting to sho...
Zelensky Aide Urges Europe To Speed Up Weapons Transfers Amid Concern Over Ukraine’s Ammunition Inventory
Topline Mykhailo Podolyak, an adviser to Ukrainian President Volodymyr Zelensky, on Saturday urged European countries to expedite the transfer of weapons to Ukraine amid concerns over whether Ukrainia...
How to buy a new car amid low inventory and high prices
Any shopper who has stepped onto a vehicle sales lot during the coronavirus pandemic has likely noticed at least two things: There are very few cars and they have very high sticker prices. Amid inflat...
Chinese nickel giant Tsingshan said to have sufficient inventory for delivery
Tsingshan Holding Group, the world’s largest nickel producer, has said that it will be able to tackle a historic short squeeze after gathering sufficient nickel inventory for delivery, and with ...
Is Excess And Obsolete Next?
A container ship loaded with inventory waiting to dock at the Ports of Los Angeles/Long Beach. … [+] (Photo by FREDERIC J. BROWN/AFP via Getty Images) AFP via Getty Images Supply chain disruptio...
An Avalanche Of Returns Test Brands’ Sustainability Creds
Young woman returning purchased apparel to a retail store Shutterstock.com It would appear that retailers booked a robust 2021 holiday season, except that the new year brings with it an old problem th...