Retail inventory bloats as US consumers end two-year spree

United States retailers that stockpiled goods to cushion against supply-chain snarls are finding inventory reduction to be challenging and costly as American households start to pull back from a two-year spending spree. With persistently hot inflation and the Federal Reserve raising interest rates, Walmart Inc., Target Corp. and others are seeing consumer preferences shift to […] The post Retail inventory bloats as US consumers end two-year spree appeared first on Digital Commerce 360.