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
Depending on specifics in some industries (like booksellers) destroying inventory is required by the wholesaler to get a refund on unsold merchandise. This means the book store gets their full purchase cost back, and only misses out on what their profit margin would have been if it sold at full price.
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