What Target’s Plan to Cancel Orders Means for CPGs

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?

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