Excess Retail Inventory
The COVID-19 pandemic has had lasting disruptions on inventory levels and supply chains for retail stores. A combination of changes in demand for certain items based on being quarantined, as well as disruptions in shipping and production, led to inventory shortages. In many cases, inventory was delayed and arrived late and out of season. Demand then changed due to a re-opening of the economy. This fluctuation resulted in combinations of shortages and excess inventories. Now, add in the inflation on essential items, such as energy and food, and the demand for many consumer goods has disappeared—resulting in excess inventory for many items. Video Spotlight: Why stores are suddenly finding [...]