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Anyone looking for a cheap sugar fix this week can go to any retailer that sold Easter candy. It’s likely to be discounted 30 to 50 percent less. Target, for example, is discounting all Easter candy 30% on Monday. Merchandise such as baskets, Paas egg coloring kits, and fake grass are 50% off. Walmart is clearing out its Easter supplies at half off. As the week goes on, supplies will dwindle and the discounts will rise to 70%, possibly even 90%.
What happens to the stuff that no one buys, even at 50 to 90 percent off?
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…