Look for inventory surplus now
After supply issues during the pandemic caused some shortages, many retailers now find themselves with the opposite problem: excess inventory.
The Better Business Bureau of Greater Houston and South Texas offers the following tips on how shoppers can take advantage of inventory surpluses:
Find out what chains have surplus inventory.
Some big box stores have reported a surplus inventory this year. These are a few good places to start shopping, as you can expect to see plenty of discounts storewide.
Research what is overstocked. Many stores are dealing with a surplus of a variety of items, including electronics, home furniture, appliances, toys, and apparel. This is good news for anyone needing a new computer,
TV, or winter coat, or anyone with a long holiday gift list. Keep your eyes peeled for deals in these and other categories.
If you see a good deal on an item you need, don’t wait. Retailers are still struggling to find the balance between excess items and shortages. Just because something is in stock now doesn’t mean it will stay that way. Therefore, if you are shopping for something and find a good deal, buy it.
Be willing to search for the best deals. Overstocked shelves and clothes racks can be challenging to sort through, but you might have to work to find the best deals. Hit the store mentally prepared to spend a little extra time searching.
Be alert to good deals at stores you frequent. It’s easier to spot a good deal at a store where you know what normal prices look like. Don’t forget to check online or on a store’s app for special “online only” deals.
Check out smaller businesses too. Big box stores aren’t the only retailers dealing with overstock issues. Many small businesses are struggling with the same problems. Purchasing from a smaller retailer could help them stay in business. Research businesses at BBBHouston.org to find alternatives and local options.
For information, visit www.bbbhouston.org or call 713-8689500. Leah Napoliello is BBB VP of operations.