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How stores ended up with too many (wrong) clothes

Clothing stores have been cutting prices, trying to sell off their glut of inventory. Stefani Reynolds/AFP via Getty Images hide caption

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Stefani Reynolds/AFP via Getty Images

Business

How stores ended up with too many (wrong) clothes

November 25, 2022 • Remember when we couldn't get enough athleisure? Or pajamas? Now, the hottest question for clothing retailers is whether they've got an "inventory glut." For shoppers, this means discounts.

Macy's Sees A $1.1 Billion Loss, While Pandemic Lifts 'Essential' Stores Like Walmart

A man walks past mannequins in the windows of a Macy's store in Boston on April 15. The company said its online sales started growing in April, but they "only partially offset" the losses from its stores. Charles Krupa/AP hide caption

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Charles Krupa/AP

Coronavirus Updates

Macy's Sees A $1.1 Billion Loss, While Pandemic Lifts 'Essential' Stores Like Walmart

May 21, 2020 • Temporary store closures during the pandemic hammered nonessential retailers, including Kohl's, T.J. Maxx and Victoria's Secret. Shoppers also dramatically cut back on buying clothes.

Kohl's Will Now Accept Amazon Returns At All Its Stores

The retail chain Kohl's announced Wednesday that it will accept Amazon returns in all of its locations, sending its stock soaring. Wilfredo Lee/AP hide caption

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Wilfredo Lee/AP

Business

Kohl's Will Now Accept Amazon Returns At All Its Stores

April 24, 2019 • The retailer is betting that easy returns will drive foot traffic to its stores. Shares of Kohl's stock spiked with the news.