Tag
With rising prices, ongoing supply chain issues and the wrong inventory, it’s a rough time to be a big-box store.
Americans sent back $760 billion worth of stuff last year. Now higher shipping costs and rising returns are hurting companies’ bottom lines.
Wholesale inventories were up in April. But now, some stores have too much inventory while others struggle to get the inventory they need.
As inflation hits and consumers abandon pandemic spending habits, Target and others have the wrong kind of stuff on their hands.
Business is up at a North Carolina shop, but managing inventory and costs are headaches.
Strong earnings from Nordstrom, Macy’s and Dollar General suggest pent-up demand and a reframing of what people consider essential spending.
Hiring too many workers — many of them part time — was an effort to avoid losing sales.
Big stores like Walmart and Target didn’t foresee consumers pivoting away from shopping and toward going out.
Raise prices? Order more inventory, or less? Business owners describe how they’re dealing with dramatic changes in market conditions.
Optoro, which manages returns for Target and Ikea, says consumers will send back $120 billion worth of goods this season.
