While many retailers are discounting, canceling orders and otherwise scrambling to get rid of a glut of goods filling their stores and warehouses, some are embracing their higher inventory levels.
Dick’s Sporting Goods Inc.,
say the rising stocks signal a recovery from last year’s shortages driven by supply-chain disruptions and put them in a strong position to take advantage of consumer demand this holiday shopping period.
“We’re really thrilled that we have in stock for Q4 inventory for the first time in a few years that’s going to be robust,”
chief executive officer of Dick’s, said on an earnings call Nov. 22.