[Shop-talk] Bare shelves at Harbor Freight
Wayne
wmc_st at xxiii.com
Sat Dec 27 07:43:51 MST 2008
Jim Stone wrote:
> The shelves at my local Harbor Freight (one of two in the St. Louis area) are
> looking a little bare. They have been that way for weeks. In today's
> economic climate that makes me wonder about the health of the company. Has
> anyone else noticed this at their local store?
Hmm, combo of crap, I'd guess. They try to load up on hot items for
xmas. But then they usually owe property / inventory tax on it Jan 1.
So they have to balance meeting holiday demand with not carrying excess
inventory. Plus they normally need to do a physical inventory and count
all the garbage. And, many people's budgets are exhausted from the xmas
spending, so Jan / Feb may be slow.
-Wayne
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