Question

why do you think companies and store announce sales?

Answer 1

The stock which has the risk of getting outdated or some other risk or seasonal change they instead of storing it they reduce their profit margin on those goods and announce a sale

Answer 2

There are number of reasons for companies to announce sales. It could be for reducing shelf space, minimize the financial losses on goods, and to maintain their level of profits

Explanation:

• The companies and stores announce sales for balancing and managing their inventory levels. The sales are also promoted during certain seasons for the seasonal goods. The other advantage of having sales is to increase the number of footfalls in the stores and shops.
• The stores and companies try to maximize on their storing space on the shelves with the products that are in demand. This done for maintaining the profit levels and minimizing any form of loss on items. The sales help the consumer to pick up products at lower prices.
• The companies like to dispose of goods that were not popular or which were unsold in the stores over a period of time. They like to put these items on sale without bringing down the price level of the other products.

To know more about sales in stores

Definition of the retail Market and whole sale market​

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