unwanted

Just keep your returns: Store chains consider paying you not to bring back unwanted items

Just keep your returns: Store chains consider paying you not to bring back unwanted items

The chaotic mix of record fuel prices and an unending supply chain crisis have retailers considering the unthinkable: Instead of returning your unwanted items, just keep them. In recent weeks, some of the biggest store chains, including Target, Walmart, Gap, American Eagle Outfitters and others have reported in their latest earnings calls that they have …

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Just keep your returns: Stores weigh paying you not to bring back unwanted items

Just keep your returns: Stores weigh paying you not to bring back unwanted items

In recent weeks, some of the biggest store chains, including Target (TGT), Walmart, (WMT) Gap (GPS), American Eagle Outfitters (AEO) and others have reported in their latest earnings calls that they have too much inventory of stuff ranging from workout clothes, spring-time jackets and hoodies to garden furniture and bulky kids’ toys. It’s costing them …

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Just keep your returns: Stores weigh paying you not to bring back unwanted items | CNN Business

Just keep your returns: Stores weigh paying you not to bring back unwanted items | CNN Business

New York CNNBusiness  —  The chaotic mix of record fuel prices and an unending supply chain crisis have retailers considering the unthinkable: Instead of returning your unwanted items, just keep them. In recent weeks, some of the biggest store chains, including Target (TGT), Walmart, (WMT) Gap (GPS), American Eagle Outfitters (AEO) and others have reported …

Just keep your returns: Stores weigh paying you not to bring back unwanted items | CNN Business Read More »

Target shares fall 9% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory

Target shares fall 9% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory

Target warned investors Tuesday that its profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive steps to get rid of extra inventory. The retailer slashed its profit margin expectations for the fiscal second quarter to account for a wave of goods winding up deeply discounted or on …

Target shares fall 9% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory Read More »

Target shares fall 9% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory

Target shares fall 8% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory

Target warned investors Tuesday that its profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive steps to get rid of extra inventory. The retailer slashed its profit margin expectations for the fiscal second quarter to account for a wave of goods winding up deeply discounted or on …

Target shares fall 8% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory Read More »