Target Inventory Build
(apnews.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (6)
sorted by:
I read an article that exposed how bad this is but it's even worse. Most of these mega stores double as grocery stores. The most important number is revenue. As food prices skyrocket, the revenue number doesn't tell the whole story. A paycheck to paycheck family that was spending $100 on food and $100 in the store a week might now be spending $150 on food and only $50 in the store now. The overall revenue for the company is the same yet would lead to a huge inventory buildup of products. $200 of revenue would still be reported. If that same family is now putting that extra $50 in their gas tank, they no longer can afford to spend the extra $50 in the store. They need to eat so they choose food over their Chinese made clothes or trinkets. Inventories go up. I think the next few quarters of reporting is NOT going to be good. This is where we could see a DEFLATION in prices.