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
I know this is not a company, but I work for the US feds and we have to get rid of a lot of stuff sometimes. We have two options if it’s something that was rather expensive. We can put it on GSA auctions and after a shit ton of paperwork and man hours that cost more then what the item is worth, we then let a local state agency also spend more then it’s worth to come pick it up, or we can “destroy” it and throw it away.
Private businesses do the same thing. Sometimes it’s cheaper to throw something away. It’s not right, but it’s how things are in the US.
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