Retailers seek to reduce inventory — CNBC.com

Photo by Ruchindra Gunasekara on Unsplash

Retailers are trying to reduce inventory in a climate of inflation and consumer uncertainty:

Retailers are under pressure to clear out inventory and start fresh in the next fiscal year. Balancing inventory has taken on additional urgency, as economists warn of dwindling savings accounts, rising credit card debt and the risk of a recession.

P.S. Walmart knows the importance of making sure that goods are on its shelves. If you want to improve your in-stock stats, 8th & Walton can help. Get in touch with us today to schedule an appointment.