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Retailers Struggle to Move Inventory, Slowing Shipping Industry


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In Ancient Greece, Nike was the winged goddess that personified victory, bringing divine inspiration to poets, scientists, and athletes. In modern-day Oregon, Nike is a company that would consider it a victory if someone just bought all the shoes they have laying around.

The famed Portland-based shoe and athletics brand last week disclosed a major increase in inventory, but it's just the tip of the iceberg when it comes to retailers struggling to offload their stock.

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Source Fool.com


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