Why Target Says Overstuffed Stores Are Weighing on Business
WSJ What’s News - A podcast by The Wall Street Journal

P.M. Edition for June 7. Major retailers benefited from consumer spending during the height of the pandemic, when many people were ordering goods to make being at home more comfortable. But now, consumer habits are shifting, and retailers are struggling to keep up. Target is the latest retailer to report that unwanted inventory is expected to weigh on profits. Retail reporter Sarah Nassauer joins host Annmarie Fertoli to discuss the challenges ahead for retailers. Learn more about your ad choices. Visit megaphone.fm/adchoices