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2022-08-18 Economy
Walmart cancels billions of dollars in orders to right-size inventory levels
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Posted by DarthVader 2022-08-18 10:13|| || Front Page|| [7 views ]  Top

#1 Everything is going swimmingly
Posted by DarthVader 2022-08-18 10:14||   2022-08-18 10:14|| Front Page Top

#2 Well, if most of the cancelled orders are for stuff from China, that's a pretty big silver lining there, I'd say...
Posted by M. Murcek 2022-08-18 10:33||   2022-08-18 10:33|| Front Page Top

#3 Read a report recently that the available warehouse space up in Albuquerque was under 5%. Just in time supply chain appears to be shrinking rather fast.
Posted by Procopius2k 2022-08-18 10:51||   2022-08-18 10:51|| Front Page Top

#4 Hey everybody, all that is going on is right sizing inventory! No biggie. Everything is bon.

That is only a silver lining if the USA as a society is capable of making that transition.

One of the knots is that trucks/trains/planes don't run if it isn't profitable. Capacity lading is profitable, with an appropriately efficient commerce route.
Posted by swksvolFF 2022-08-18 10:54||   2022-08-18 10:54|| Front Page Top

#5 
Just left Wally World. Joking with WW stocker, I said ya'll don't need armored cars to deliver cash, y'all need them for the food. He laughed then said,
this was 3rd time he has changed the prices on these items since Friday.

Kinda makes you wonder how many millions of items got marked up to match the new higher prices.
Posted by NN2N1 2022-08-18 11:50||   2022-08-18 11:50|| Front Page Top

#6 If the railroaders go on strike Sep 24 or so, going to be a lot of retailers wishing they had stocked up. Assuming Congress takes even a day or two to pass get back to work legislation.
Posted by USN, Ret. 2022-08-18 12:37||   2022-08-18 12:37|| Front Page Top

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