At Kohl’s Corp., fleece jackets that arrived too late for last year’s winter season are finally making it onto shelves after languishing for months in warehouses. Nike Inc. is stepping up discounts on apparel and other goods after its inventory ballooned in the latest quarter.
Meanwhile, Macy’s is rolling out new dresses, suits, boots and other fall fashions. More than half of its offerings for the holiday season will be new. The department store giant has so far avoided the worst of the glut of goods that has tripped up so many retailers. Its inventory was up 7% at the end of its most-recent quarter compared with a year earlier. That is in contrast to a 48% jump at Kohl’s, 44% at Nike and 37% at Gap Inc.