Entrepreneur.com: Wholesale Inventories Still Falling

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	Wholesale Inventories Still Falling Wholesale inventories fall for the 13th straight month, while sales post their sixth consecutive gain. By Jeanine Poggi November 06, 2009 provided by WASHINGTON (TheStreet) -- Wholesale Inventories tumbled for the 13 straight month, while sales posted their sixth consecutive gain. The Commerce Department announced today that inventories at the wholesale level were down 0.9% in September. Economists expected a decline of 1%. Sales by wholesalers rose 0.7%, better than the 0.6% increase expected. Content Continues Below While experts hope that a pattern of increasing sales will result in businesses upping inventory, at least for the holiday season, that may not be the case. Citi analysts say retail inventories have been planned conservatively and are down about 6% from last year for the holiday. This is the largest year-over-year decrease since 1968. Instead, companies like Target (TGT) and Macy's (M) are relying on innovative replenishing systems to meet demand. There is even some concern that some companies like Nordstrom (JWN) will run out of merchandise and will have to fill empty shelves with spring items. -- Reported by Jeanine Poggi in New York Follow TheStreet.com on Twitter and become a fan on Facebook. © 1996 - 2009 TheStreet.com, Inc. All rights reserved. Most Read Articles from TheStreet.com Black Friday's 10 Top Tech Deals A review of black Friday deals from Apple, Hewlett-Packard, Garmin, Palm and others. Motorola Droid Price Cut Motorola's Droid lands at Verizon, discounts follow days later. Dividend Stocks for the Week These companies, including Nike and Campbell Soup, recently boosted their dividend payouts. Print Get the Mag Weekly Updates Marketplace Learn how to distribute a press release Get the Now widget Try our new online printing. theupsstore.com/print