Wall Street Journal: Excess Inventory Is a Shopper’s Delight

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Store shelves with multiple red sale signs
Image via iStock.

Nikaiya Snell is an elementary school cafeteria worker in Lansdowne who has felt the sting of inflation. 

She’s had to take on extra work to pay bills, so new clothes and other luxuries haven’t really been an option.

Then she saw some trendy summer tops marked down from $16 to $3 each at Walmart’s super sale.

“Summer will be here next year,” said the 44-year-old.  

Snell is benefitting from a problem retailers have run into—excess inventory, writes Rachel Wolfe for The Wall Street Journal.

 With too much inventory, stores are cutting prices which could mean major savings for shoppers. The super sales are also in place to motivate shoppers struggling with inflation.

The best deals are in home, apparel, electronics, sporting goods, and toys.

The glut comes from all those goods that were delayed for so long. They’ve now arrived at the same time that consumers are spending less. 

Retail analysts expect the discount-lean fall months to have the best sales seen in years.

Retailers more likely to put goods on super sale because of lower inventory turnover include Gap, Bed Bath & Beyond, Kohl’s, Best Buy, and Dick’s Sporting Goods.

Read more at The Wall Street Journal about the impact to consumers from a glut in retail inventory.

CNBC takes up the issue of excess retail inventory in this August 2022 report.

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