Lulu Lemon has a market cap of $42 billion. They have 40 total stores in mainland China, but I'm feeling less confident about that specific growth story because you're playing a game called Guess What the Chinese Government is going to do? And I am very, you know what? I'm pretty bad at playing that game, Sammy. That's definitely a hard nut to crack. International revenue is quadrupled between 2017 and 2021. So I really hope they continue to prove me wrong.
Shipping container prices are down 74% from early this year! But many retailers have too much stuff, and shoppers are less eager to check out the clearance racks. Motley Fool Senior Analyst Sanmeet Deo joins Ricky Mulvey to discuss: - Which retailers are tackling inventory challenges well - An overlooked metric for retailers - And a compelling opportunity for long-term investors
Companies mentioned: LULU, NKE, TJX, DKS, SPG, TGT, JWN, ROST, M, AMKBY
Article about Macy’s inventory management: https://www.retaildive.com/news/macys-inventory-glut-management-supply-chain-officer-dennis-mullahy-peak-season/635640/
Host: Ricky Mulvey Guest: Sanmeet Deo Engineers: Rick Engdahl, Dan Boyd
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