Timing is an important element of markdowns.Those retailers who take a markdown as soon as sales fall off are most likely doing so to __________.

Question

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The purpose of taking a markdown is to free up valuable selling space and cash. Markdowns are used to clear out excess inventory and make room for new merchandise. Taking a markdown as soon as sales start to drop off allows retailers to quickly move slower selling items out of the store and free up cash that can be reinvested in other areas of the business.

Timing Is an Important Element of Markdowns