Urban Outfitters put itself on a crash diet that might have gone too far. As a result of inflation and the unpredictable nature of consumer spending, retailers are implementing strategic and streamlined methods to manage their product inventory by reducing their offerings and aiming for...
March 06, 2024
The U.S. Census Bureau revised its wholesale inventories estimate for January downward Wednesday (March 6). Total inventories dipped 0.3% in January compared with December 2023, rather than the drop of 0.1% the agency reported earlier in an advanced estimate, the Census Bureau said in a Wednesday press release. This was a bigger drop than some had expected, Reuters reported […]