![]() Demand pushed sales up 60%, only to go flat by early June. Sales fell from the start of 2020 until early April that year, when the pandemic began to grip the nation. SupplyPike found the sales trends for general merchandise took wide swings last year. So, I’d never seen anything like what happened in our stores as we went through the year. “Normally, it’s a great thing to have inventory turns, and we were managing our supply chain well, but we didn’t have these huge stockpiles sitting to the side for the surges that we saw on things like consumables. ![]() “We were hit hard from an in-stock point of view,” he said. Walmart CEO Doug McMillon recently told the investment community that never in his lifetime did he think Walmart would ever sell out of fabric or adult bicycles that were out-of-stock for months during 2020. Across all departments, sales rose 17.21% from the prior year.ĭuring the height of the stay-at-home orders, general merchandise category sales rose 60% by late May and early June, led by unprecedented demand for fabrics, crafts, media and gaming, lawn and garden, paint and accessories, and furniture. Tan said general merchandise sales grew by 18.87% last year, consumables grew 14.31% and food sales rose 15.41%. All units saw growth in 2020 despite high out-of-stock rates through much of the year. Stacy Tan, senior director of retail strategy at SupplyPike, said the report’s focus was on three of Walmart’s top business units amid the pandemic: general merchandise, consumables and food. The report examined the rise and fall of Walmart’s suppliers’ sales and in-stocks (product on the shelf) in 2020 and created a timeline of coronavirus impacts on retail. The report analyzed data from more than 200 suppliers to Walmart throughout 2020. ![]() That’s according to a report from Fayetteville-based SupplyPike, a suite of applications that helps consumer packaged goods (CPG) companies manage their supply chain. ![]() The COVID-19 pandemic put enormous pressure on the retail supply chain, and the impact is still being felt at Walmart and other big retailers. ![]()
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