Retailers across the board are approaching the most important time of the year: the holidays.
Retailers across the board are approaching the most important time of the year: the holiday period . Slated to unofficially kick off this week with Black Friday, the holiday season is best known as the period when retailers make a nice chunk of sales. But that arrangement is under pressure this year as the industry faces an uncertain macro climate.
Walmart shared better-than-expected third-quarter earnings earlier this month and lifted its outlook as consumers turned to its cheaper grocery options and the company works through inventory issues. Many retailers have dealt with mounting inventories spurred by pandemic-era supply chain constraints and changing consumer preferences as lockdowns eased.
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