As the holiday shopping season approaches, major U.S. retailers from Dollar General to Walmart and Macy s could be saddled with too much stock for a second straight year, according to a Reuters analysis, jeopardizing retailers profit margins and generating steep discounts for shoppers.
By Ananya Mariam Rajesh and Savyata Mishra (Reuters) - As the holiday shopping season approaches, major U.S. retailers from Dollar General to Walmart .
US retailers stuck with excess stock offer bargains as holiday season nears oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.
Costco Wholesale Corp. said CEO Craig Jelinek will step down after more than a decade at the helm of the wholesaler on Jan. 1. COO Ron Vachris has been tapped to lead the company.