At least one Walmart store had so much extra inventory left over after the holidays that it had to use its outdoor center for storage, according to a Vine video shot by a financial analyst.
Brian Sozzi, CEO and chief equities strategist at Belus Capital Advisors, took two Vine videos at five Walmart stores in the northeast. The first shows an outdoor center used to store surplus items, including big-screen TVs and Campbell's Soup in the wake of the holiday season.
Sozzi says outdoor centers are usually used to sell Christmas trees in November and early December, and then evergreen plants and eventually lawnmowers and garden items as the weather warms up. "This company is over-ordering," Sozzi says. "This is not a stockroom." Read more...
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via Mashable http://mashable.com/2013/12/30/walmart-vines/?utm_medium=feed&utm_source=rss
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