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Next time you feel you’re moldering in your office chair, consider that it may secretly have a glamorous history.
Since well before the Rio Olympics began, an Australian company has been lining up second homes for the 135,000 chairs, 350 portable massage beds, 900 bar stools, 20,000 beds, 102,000 electrical items, 600 small safes—even the 2,500 stainless steel trash cans—that experienced brief moments of glory (or infamy) in the athletes’ village and venues.
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…