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Walmart has about $1.5 billion in

Walmart Cancels Hundreds of Billions of Dollars in Peak-Season Orders

Walmart has about $1.5 billion in inventory "that if we could just wave a magic wand, we'd make it go away today," the CFO said.
By Vicki M. Young

Latest In Retail

ThredUp is laying off approximately 15

ThredUp Layoffs Hit 15% of Corporate Staff

Retailers and fashion firms have more

Analyst Says ‘Robust’ Discounts Will Move Overweight Fashion Inventory

Ted Baker is expected to announce

Juicy Couture Owner Tipped as Ted Baker Buyer

Lululemon again emerged victorious in its

Lululemon Victory Upheld by Appeals Court in Trademark Dispute

Camera footage of three suspects stealing

Thieves Steal $93,000 in Louis Vuitton Handbags

Poshmark is still trying to find

Poshmark Tweaking Authentication Threshold This Year

Inflationary pressures and fewer dollars in

Why Retailers Should Be Worried About Rising Consumer Debt: Week Ahead

The Sears settlement, pending court approval,

$175 Million Settlement in 4-Year Sears Lawsuit

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