My wife has been addicted to watching dumpster diving videos where people end up finding brand new expensive things thrown away by retailers. It made me remember reading somewhere that the reason they do this is because it’s cheaper for them to throw away or destroy their inventory than it is to give it away or sell at discount. HOW???
I don’t see how they could possibly save money by destroying inventory rather than putting it on extreme discount. Surely they could make more money selling at an extreme discount versus no money at all by destroying .
In: Economics
As a former industrial contractor, I would see some of my customers throw out tons (sometimes literally) of spare parts. Usually sent to scrap dealers, but not always. When I asked, I was told that it was done to avoid paying taxes on the stuff. Seemed crazy to me, but what do I know?
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