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08:17 PM
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Most retailers are 'self-liquidating' - Want to know why? Come inside...
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 76177783:MV80NDQxMjQ4XzgwODQ5NzY2XzYyNTI4QUFC] [quote:Anonymous Coward 79087889:MV80NDQxMjQ4XzgwODQ3MjI5XzcwOTVFN0U2] That's exactly what is happening at Ross. I was in one yesterday to buy some sheets and at least half the shelves were empty. All the shelves for sheets were empty. So I went to another Ross. Same scene. With nothing even on the shelves to sell, how can they survive even another month? [/quote] I've been wondering how much of the shortages in inventory are due to problems with the freight industry and the supply line originally plugged up due to the shutdown of China. Even problems with staffing in stores due to Covid-19. Domino Effect. [/quote]
Original Message
Most retailers are preparing to go out of business. They are self-liquidating because cost and they know they only have a narrow "re-open" window to do it.
And...
Because the big liquidator companies are overwhelmed and can't move the product to other retailers because there are no
other
retailers now.
They can't even load it and ship it to dump it in Africa or South America.
So this is why.
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