Why Everything Is On Sale: The Bullwhip Effect

blood bath: 피바다, 대불황 기간
markdown: 가격 인하
…I hesitate to call it a blood bath, but it’s going to be ugly in terms of the amount of discounting and markdowns.

inventory: 재고(품)
These big inventories aren’t just a good deal for your closet.

bullwhip effect: 채찍효과(소비자 수요의 작은 변화가 공급망을 거슬러 올라갈수록 증폭되는 현상)
They’re a classic example of the bullwhip effect.

play out: 발생하다
It’s hard to say how the bullwhip is going to play out this time. 

reprieve: 일시적 모면
These sales are likely to continue throughout the year, a reprieve from inflation many shoppers are eager to take advantage of.