Friday, September 09, 2022

Nobody's Buying "Stuff" Any More

Holy kersmokin' inventory bomb.

Amazon, Home Depot, Kohl's and Dollar General showed increased inventories from Q1 to Q2 2022.

Not necessarily a big deal in itself, but then there's this:

On an annual basis (2Q21 to 2Q22), Amazon's inventory is up 58% but sales up only by 10%.  Depot's inventory is +38%, sales only +6.5%  Walgreen's is doing OK with inventory up only 2.24%--but sales dropped by 4.2%.

Next, in the "who's worst?" category:

Kohl's inventory is +48.6%, sales off 8.52%--and there's Bed Bath & Beyond, with inventory up 12.5%, sales down 25++%.

If you have a professional shopper in the family (I do) set them loose!

1 comment:

Mar said...

At our local Walmart, we have at least semi trailers holding the excess stock that the backroom and the floor cannot handle.
I'm not sure if this typical or not but people are just not buying as much nowadays