Bloated inventories are dragging down some sectors of the economy

Jan 11, 2024
Clothing companies and bike stores are some businesses that still have excess inventory — and that has ripple effects through the economy.
The bike industry has been oversupplied for more than a year, says Jeff Cayley, CEO of Worldwide Cyclery, and many stores are offering deep discounts.
Michael M. Santiago/Getty Images

Supply chain, shipping and pricing woes: “This is how we learn to sail”

Sep 22, 2021
Personal care products company Bite faced a lot of obstacles to launch its aluminum-packaged deodorant during the holiday shipping season.
Lindsay McCormick, the founder and CEO of Bite, a personal care products company, said she’s learned to “expect the unexpected” when launching a new product.
Courtesy Bite