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“Desperation in the Air” as the Great Retail Destocking Picks Up Steam

Por: Forbes Business October 15, 2022

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“Desperation in the Air” as the Great Retail Destocking Picks Up Steam getty The retail industry’s inventory glut has metastasized into a significant drag on the US economy, depressing economic growth by nearly 2 percent in the second quarter, according to . Warehouses across the country are bursting at the seams with excess merchandise, a record $732 billion worth, according to the Census Bureau. That’s a staggering increase over last... + full article



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