Wal-Mart Inventory Trims Create Headaches
“NEW YORK — As Wal-Mart Stores Inc. looked across its operations recently to find ways of cutting costs, it found it had a problem that afflicts many businesses: too much inventory.
So the world’s biggest retailer is on a campaign to cut the amount of merchandise it buys, a move that’s creating some short-term pain for a broad range of suppliers from consumer product makers Procter & Gamble Co. and Spectrum Brands Inc. to cosmetic company Elizabeth Arden Inc.”
Tags: Elizabeth-Arden, inventory, Proctor-&-Gamble, Wal-MartWhile no final decisions have been made, don’t be surprised in the coming months if you can’t find some of your favorite items. At the moment, there are a lot of nervous companies out there wondering if they are about to be shown the door!!
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