Comment on Am I the only one pissed off at these holiday sales? (US)
MangoPenguin@lemmy.blahaj.zone 10 months ago
It depends, sometimes sales are at a loss for the company to simply clear out stock that they were not selling quickly enough.
Comment on Am I the only one pissed off at these holiday sales? (US)
MangoPenguin@lemmy.blahaj.zone 10 months ago
It depends, sometimes sales are at a loss for the company to simply clear out stock that they were not selling quickly enough.
ElleChaise@kbin.social 10 months ago
So technically a direct loss, but definitely not a direct loss after tax breaks, and accounting for warehouse space freeing up in many cases. The warehouse space is worth more than the product past a certain age in most businesses.
MangoPenguin@lemmy.blahaj.zone 10 months ago
Yup, stagnant inventory is a huge drain on resources.