real-time news and commentary for investors
Wednesday, Sep 25
Retail watch: Will inventory issues be a major back-half story?
- An internal warning on inventory issues at Wal-Mart (WMT -1.5%) could just be the tip of the iceberg, warns retail watcher Kristin Bentz.
- A poor back-to-school season could force major retailers to age two sets of inventory at once.
- If she's right, Q4 profit could slump as promotional activity takes off even higher.
- Related ETFs: XRT, PMR, RTH, VDC