What is a benefit of markdowns for a department store?
A) It rids the store of obsolete merchandise.
B) It is a way to make room for new merchandise.
C) Markdowns generate cash flow to pay for new merchandise.
D) It increases customers' traffic.
E) All of these.

Question

Quizplus · Accepted Answer

Markdowns provide multiple benefits for department stores including getting rid of outdated merchandise, creating space for new products, generating cash flow, and attracting customers with lower prices. Therefore, all of the given options are correct.

What Is a Benefit of Markdowns for a Department Store