Walmart, Gap and others amass nearly $45 billion in inventories

Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks. In some cases, they went so far as to rent their own cargo ships. Now, they’re trying to figure out how to sell all their merchandise. Inventories rose $44.8 billion for companies on S&P consumer indexes with a market […] The post Walmart, Gap and others amass nearly $45 billion in inventories appeared first on Digital Commerce 360.