1Q23 US Retail Inventory Tracker: Inventory Turnover Ratios Further Improve for Many Retailers

What's Inside

In our quarterly US Retail Inventory Tracker reports, we analyze inventory trends among US retailers listed in the Coresight 100.

In this report, we look at the inventory levels of various retailers in 1Q23 and assess why levels may have changed from the year-ago period, across the following sectors:

• Apparel specialty retail—Academy Sports & Outdoors, American Eagle Outfitters, Burlington Stores, Gap Inc., Ross Stores, The TJX Companies and Urban Outfitters
• Beauty retail—Bath & Body Works and Ulta Beauty
• Department stores—Kohl’s, Macy’s and Nordstrom
• Discount stores—Big Lots and Dollar Tree
• Drugstores—CVS Health and Walgreen Boots Alliance
• Electronics retail—Best Buy
• Food and grocery retail—Albertsons Companies, Kroger, Sprouts Farmers Market, Weis Markets
• Home and home-improvement retail—Home Depot, Lowe’s Companies and Williams-Sonoma
• Jewelry retail—Signet Jewelers
• Luxury retail—Capri Holdings and Tapestry
• Mass merchandisers—Target and Walmart
• Warehouse clubs—BJ’s Wholesale Club and Costco

Click here to read the previous report in the series, which looks at 4Q22.