by Wolf Richter
Wolf Street
It’s still supply-chain chaos for retailers, but different retailers face different kinds of chaos.
There are now stories out there about retailers suddenly being “overstocked,” and the shortages having turned into gluts, and suddenly folks are already seeing that the supply chains got fixed miraculously or whatever. But overall inventories at retailers remain very low, and at the biggest category of retailers – auto dealers – inventories are desperately low, and they’re low at other retailer categories, but general merchandise retailers, such as Walmart and Target, are suddenly awash in some types of merchandise.