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Retailers have fixed a major profit-crushing problem: Excess inventory

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finance.yahoo.com/news/retailers-have-fixed-a-major-profit-crushing-problem-excess-inventory-120056608.html

After struggling with swelling stockpiles for much of 2022, retailers have finally cleaned up their bulging aisles.
Recent earnings reports from retail heavyweights Target (TGT), Walmart (WMT), Home Depot (HD), TJX Companies (TJX), and Ross Stores (ROST) showed marked improvement in inventory levels.
With their inventory levels under better control — requiring fewer…

This story from finance.yahoo.com was posted on 2023-05-22 by @petalstorm.

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