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You won’t be able to claim that it is the chair by the pool on which Michael Phelps sat, or the bed that Britain’s Nicola Adams collapsed on to after boxing her way to a gold medal, but it might be.
Tens of thousands of items from Rio’s Olympic venues, from furniture to umbrellas, are up for auction. The only catch is that bidders have to buy in bulk — a 40ft container load.
Today’s consumer purchases happen more rapidly than ever, making returns an unavoidable aspect of the shopping experience. Every year, billions of dollars worth of returned goods make their way back to retailers, often resulting in excess inventory. Many of these…