Shipping Containers - The Biggest Story of the Pandemic

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A 40 foot container from Shanghai to the West Coast of North America is going for about $21,000. That's down from a high of $8,100 just this February. Marsk, which is the largest global shipping container firm, says that they believe ocean operations will come down in the coming months. Higher inventory levels could mean that gross margins will take a hit.

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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