From Dollar General to Under Armour, retailers are culling assortments to get back to healthy growth, or at least, stabilize their business. For brands, excess inventory usually leads to discounting, which in turn hurts profitability. For box stores, slicing merchandise is more of a defensive play that allows for better curation. Watch the video to learn about why some retailers are giving consumers less choice.
Produced by: Ryan Baker
Edited by: Darren Geeter
Camera by: Natalie Rice
Animation by: Emily Park, Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images
» Subscribe to CNBC:
» Subscribe to CNBC TV:
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now:
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Instagram:
Follow CNBC News on Facebook:
Follow CNBC on Threads:
Follow CNBC News on X:
Follow CNBC on WhatsApp:
#CNBC
Why Retailers Are Shrinking Their Assortments
|
Former House Speaker Newt Gingrich gives...
Fox News correspondent David Spunt repor...
The Houthis in Yemen have attacked the p...
iPhone Duo preorders open tomorrow, Open...
Vice President JD Vance delivers remarks...
The BBC has identified 254 incidents in ...
WSJ's Shelby Holliday reports from the U...
Roundhill Investments CEO Dave Mazza joi...
President Zelensky admitted he felt ‘bet...
The Duchess of Sussex has made her first...
CNBC Business News Update with Jessica E...
Phoenix Suns and Phoenix Mercury owner M...
I/O Fund founder and lead tech analyst B...
AI Trade Worries, Oil & Treasury Yields Pressure Markets
The Close brings you the latest news and...
Starship Reached Orbit. Here's the $1B-Revenue-Per-Launch Math | The B
In this episode of The Brainstorm, Sam, ...
How Apple Plans to Compete in the Home: Power On
Apple is finally ready to unveil its new...
Why Retailers Are Shrinking Their Assortments
From Dollar General to Under Armour, ret...
Why Amazon, Walmart, and Target Are All Rated Hold
Missed economic forecasts have pushed th...
Why Amazon, Walmart, and Target Are All Rated Hold
Missed economic forecasts have pushed th...
How Apple Plans to Compete in the Home: Power On
Apple is finally ready to unveil its new...
Why Retailers Are Shrinking Their Assortments
From Dollar General to Under Armour, ret...
AI Trade Worries, Oil & Treasury Yields Pressure Markets
The Close brings you the latest news and...
Starship Reached Orbit. Here's the $1B-Revenue-Per-Launch Math | The B
In this episode of The Brainstorm, Sam, ...