Markdowns – friend or foe?

Some software companies have tried to make a science of how and when to take markdowns. Call me old fashioned, but the day I allow a computer to tell me when to markdown merchandise is the day I turn to farming. There are heaps of articles with headings like ‘Ten Markdown Tips – The How, What, When, Where and Why of Markdowns’. See www.whizbangtraining.com. This is a reasonably good article, but rule number one is that there are no rules. The markdown landscape is continually chang

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