Excess Apparel Inventory Equals Lower Margins For Retailers
b'"The retail sector is not pretty now. This started with profit warnings from some of the larger big box retailers. One if the issues is excess inventory whether it\'s Walmart (WMT), Target (TGT), Urban Outfitters (URBN), or Gap Inc. (GPS). This could mean lower margins for these retailers. We lowered out stock price estimates for some retail stocks. Consumers are shifting from buying wanted items to only buying needed items," says Corey Tarlowe.'