American home goods retailer Bed Bath & Beyond (NASDAQ:BBBY) may be in real trouble this holiday season due to inventory challenges. While most retailers are struggling with the issue of excess inventory, BBBY is struggling to stock up on inventory on its shelves. As per a WSJ report, citing analytics company DataWeave, roughly 43% of BBBY’s inventories were out of stock in October, much higher than its competitor’s levels and nearly twice the level of out-of-stock items in the first half. Additionally, customers have been complaining of not finding items they usually bought from BBBY and have shifted shopping to other stores.
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Bed Bath and Beyond (NASDAQ:BBBY)
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