Retailers scramble to get rid of excess inventory before holiday season

🛍 Retailers are struggling with excess inventory and rushing to get it off the shelves before the holiday season. Historical inflation jumps, panic-buying during a pandemic, swift changes in supply and demand… retailers have had it rough. Target has been the loudest voice in retail, cutting profit expectations in Q2 and canceling orders from suppliers. If one thing is for sure… it’s that these retailers can do nothing but give a really good guess as to what is going to happen next.

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