By Shefali Kapadia
After months of building inventory to hedge against stockouts, some retailers now face the opposite problem: what to do with a glut of supply.
In June, Target announced plans to “right-size its inventory, ” which included markdowns and cancellations of some orders.
The actions to right-size will continue for the rest of the year. So, what are the implications for food and beverage CPGs that supply Target?