Business

Thursday’s business headlines

INDIANAPOLIS (WISH) – As Americans start their holiday shopping, we may see fewer choices than before.

Jane King reports retailers are cutting styles to combat decision paralysis, unclog supply chains and reduce end-of-season markdowns.

Coach is cutting its handbag styles by half, Bed, Bath and Beyond is reducing its can opener selection by two-thirds and Kohl’s is culling its towel offerings by near a fifth.

Retailers offered more and more choices in recent years as consumers sought to personalize their purchases.

But the Wall Street Journal says choices are overwhelming shoppers and clogging supply chains.

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To watch the entire segment and hear how retailers are cutting, click on the video.

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