Many retail merchants tiptoe around inventory markdowns, and it is unnecessary. Your money is already gone; holding on to it just ties you to the past.
But many retailers feel that they must get back whatever they paid for their inventory, no matter how many years ago the merchandise first arrived in their store. This thinking is murder on their cash flow.
Other retailers feel there will always be a demand for a part or accessory to a model or product, even if that product is no longer sold. Continue reading Balancing Retail Inventory: Making Friends With Clearance »