Facts are stubborn.

Inventory struggles confronting our economy are not insurmountable.  They are challenges to overcome.  A coherent strategy is required to address them.  Consider that Washington, DC had 2.11 million square feet of sublease space available in Q1 of this year; the largest amount of available sublease space in history.  This is double the amount of sublease space available in 2018.  At the same time, the average warehouse space for nonessential materials (outside of current/6-month demand) has increased by more than 11% in the past 12 months.

The time-tested technique of doing nothing is not going to solve the inventory crisis so many companies are caught in.  Customer perception of value and market-demand continue to dictate where consumers (retail customers, patients, & tenants) spend money.  These are issues companies must address.  "Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence."  John Adams delivered these famous words to a jury in 1770.  They remain true today.  In spite of our hopes for a return to simpler times, the facts remain at the end of the day.  We can hope a return to simpler times is imminent; however, the facts will remain unchanged when the sun sets.