A pleasant surprise may be in store for consumers this Christmas
Having built up inventories during the worst of the supply chain crunch, retailers will now be looking to offload their stocks
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HERE is some good news – the supply chain crunch that haunted the global economy for the better part of the past 12 months has started to ease. The reason is mainly a fall in demand for shipping, so there is less volume moving around in containers.
Warehouses, meanwhile, are busy and packed. As we approach this year’s shopping season, we think consumers can prepare for a pleasant surprise as retailers will likely clear part of their abundant inventory at a discount.
The overstocking of many products that we now notice in markets worldwide has created a lot of pressure on warehousing businesses, which find it hard to provide enough space to store all the goods ordered over the past 6 to 12 months.
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