Why Retailers Are Shrinking Their Assortments

By CNBC

Community Score: 50% | 7.5K views | 5d

0 community ratings: null thumbs up, null thumbs down

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: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision 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 ef

Tags: stock market, finance stock, breaking news, world news, assortment, SKU, product, Under Armour, Lululemon, Dollar General, BJ's, Nike

More from CNBC

  • How The U.S. Became So Dependent On SpaceX — Score: 50%
  • Millions Have Signed Up For Trump Accounts. But There Are Still A Lot Of Unanswered Questions — Score: 50%
  • Supreme Court Says Trump’s Tariffs Are Illegal. Here’s What Happens Next — Score: 50%
  • Why New Balance sales are soaring while Nike falls — Score: 50%
  • How tariffs are pushing America’s furniture industry to the brink — Score: 50%
  • United Airlines Overhauls MileagePlus Program — Here's What To Know — Score: 50%