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Inventory Stabilizes for the First Time Since Pandemic

Q3 2023 saw inventories shrink while sales grew

Published

3 months ago

January 31, 2024

VMSD Staff

Inventory Stabilizes for the First Time Since Pandemic — PHOTOGRAPHY: Thitivong/iStock.com

PHOTOGRAPHY: Thitivong/iStock.com

The third quarter of 2023 marked the first time since 2020 that retail sales outpaced inventory, according to analysts at the Telsey Advisory Group.

In Q3 2022, the spread between inventory and sales growth was positive 3,320 basis points. In Q3 2023, the spread hit negative 730 points. In addition, inventories in the retail sector were down 7.8 percent in Q3 2023, compared to 38 percent growth in Q3 2022.

In 2024, retailers are anticipated to “continue to control inventory,” according to the analysts.

Related Topics:economy

VMSD Staff

Drawing on more than 125 years of history serving the retail design market, VMSD magazine provides retail professionals with the most up-to-date, innovative retail design ideas and industry news through its industry-leading magazine, website, social media channels and bulletins.

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