Returning a holiday gift? It could end up in a warehouse auction

Returning a holiday gift? It could end up in a warehouse auction

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Retailers are now in the throes of processing billions of dollars in returned holiday gifts, but many of those items aren’t going back on shelves. Instead, they’ll be bundled off to warehouses and sold in auctions for a fraction of their sticker prices. More than 15% of the $966 billion in…

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