Most of the 25 largest U.S.
retailers increased the number of times they replenished
merchandise as they better managed inventory in a slowing economy,
according to Bloomberg data.
Fifteen of the biggest retailers improved their so-called
inventory turns. J.C. Penney Co. topped the list, followed by Rite
Aid Corp., Albertson’s Inc., and Wal-Mart Stores Inc., the world’s
biggest merchant.
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The improved turnover rates resulted from conservative buying
by retailers, sophisticated computer software for forecasting
customer demand, closer relationships with suppliers and better
inventory-tracking procedures, analysts and companies said.
Turnover is considered a key retail measure, with lower rates
indicating excess inventory or ineffective retailing practices.
Bloomberg News
