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Definitions
These are our interpretation of trade terms and should not be considered an absolute statement of fact.
Department Stores
The major national department stores handle an abundance of inventory on an annual basis. Some is sold and some remains unsold at the end of the products life cycle. The unsold product is distributed in a number of different ways. Some of it is liquidated as overstock and shelf pulls. Some of the sold inventory is returned to the store for a number of reasons and cannot be resold. Much of that product is distributed as customer returns.
 
 
 
 
 
 
 
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