As shoppers are gearing up for Black Friday, Ricky Mulvey caught up with San Meat to discuss how retailers are navigating inventory pileups. It seems that it's cheaper to put things onto a ship, but also a lot of these retailers have a lot of stuff that they're dealing with already. This might be a good time to start looking for some deals as consumers for the holiday season if you're looking for TV, electronics, all kinds of things.
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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