Sometimes you have to read the entire article to figure out what's going on. This is a key quote
",as well as meaningfully lower clearance inventory compared with a year ago"
cnbc.com/2020/01/15/tar…
",as well as meaningfully lower clearance inventory compared with a year ago"
cnbc.com/2020/01/15/tar…
There are several reasons why a store would have "meaningfully lower clearance inventory". However, weak sales and "lower clearance inventory" do not go together. If you have weak sales you should have a higher clearance inventory, all things being equal, as u try to move unsold
...goods.
I mentioned a couple weeks ago that many companies believed the recession narrative that the fake media were selling and lowered their inventories accordingly missing out on sales. The fact that Target had both weak sales and "meaningfully lower clearance inventory"
I mentioned a couple weeks ago that many companies believed the recession narrative that the fake media were selling and lowered their inventories accordingly missing out on sales. The fact that Target had both weak sales and "meaningfully lower clearance inventory"
....points to Target being one such company that fell for the fake media's narrative and lost sales due to their executives believing something that wasn't true. Customers unable to find what they wanted at Target due to low company inventory decisions simply went somewhere else.
This is one of those unseen costs that many do not think about. They see that they have lower inventory to sale after the holidays and think it's a "good thing" yet fail to see all the miss sales they had because they didn't stock the right amount of goods.
