Question: Why do retailers take markdowns? How do they optimize markdown decisions? How do they reduce the amount of markdowns by working with vendors? How do

  1. Why do retailers take markdowns?
  2. How do they optimize markdown decisions?
  3. How do they reduce the amount of markdowns by working with vendors?
  4. How do they liquidate markdown merchandise?
  5. What are the mechanics of taking markdowns?

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