DALLAS: Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks – going so far in some cases as to rent their own cargo ships....
Now, they’re trying to figure out how to sell all their stuff. Inventories rose US$ 44. 8bil( RM196. 2bil) for companies on SP consumer indexes with a market value of at least US$ 1bil( RM4. 4bil) that reported earnings over the last two weeks, according to data compiled by Bloomberg. That’s up 26% from this
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2022-05-30 00:00:00.0