4Q19 US Retail Inventory Tracker: Higher Inventory Turnover Due to Solid Holiday Sales and Disciplined Approaches

What's Inside

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

We look at the inventory levels of various retailers in 4Q19 and assess why levels may have changed from the year-ago period, across the following sectors:

• Apparel specialty retail—including Ascena Retail and Burlington Stores
• Department stores—including JCPenney, Kohl’s and Macy’s
• Food, drug and mass retail—including Target and Walmart
• Home and home-improvement retail—including Home Depot and Lowe’s
• Luxury retail—including Ralph Lauren and Tapestry
• Beauty retail—Ulta Beauty

While we note some positive trends in this report, we make the obvious caution that the quarter under review will be no guide to 2020 due to the impacts of the global coronavirus pandemic.