Usa county Pacific UPS Target Walmart mountaineering Usa county Pacific

Black Friday Sale 2022: Blowout Bargains Smell Musty This Year

Reading now: 635
tech.hindustantimes.com

Your Black Friday bargain is most likely spring's leftover sweatpants.American retailers have too much stock of everything from toys to women's casual tops.

While the markdowns will be welcomed by many cash-strapped shoppers, the holiday deals underline companies' struggle to work through bloated inventories pressuring their profits.

To recap: In 2021, supply-chain snarls left stores scrambling to fill empty shelves. Black Friday deals were stuck in the Pacific.

As orders slowly made their way from Asia in the early part of this year, consumers started to rein in spending amid soaring inflation, only buying things they needed (e.g., food) and giving up splurges and impulse purchases.

Read more on tech.hindustantimes.com
The website gamebastion.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
DMCA