Just as many companies thought they were past the period of pandemic-induced sales declines and starting to climb back up, they are now faced with supply chain woes, too much inventory, and high inflation. Short-term pressure, long-term gains Companies like Target, Walmart, and many others have announced plans to clear out their inventory and bring in more revenue through price cuts. In another interesting point, Friedman said he anticipates RH will "shed less valuable market share as we continue to raise our quality" over the next few quarters.