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The buyers of the stock had no idea what was needed on the floor; stock wasn’t field-tested. It was landing in the stores and we were forced to sell it. We were telling them ‘we don’t want that sort of stock,’ and they would say, ‘well that’s unfortunate, you’re getting it.’ - Cole Harris “If it didn't sell, then rather than discounting the stock to get it out the door, it was put into the overheads and would just sit there. “We had no discretion to mark stock down. Some of the stuff that was sold when we closed – some of the last things we sold – had been there since the store opened. It was 2½ ,3-year-old stock,” Mr Harris said. He says the buyers, appointed by the board of Woolworths, refused to mark down stock when they made a mistake because they didn’t want to affect the bottom line of the business. Trade buyers stayed loyal to Bunnings, who had managed to retain a large number of their preferred brands exclusively. In the face of rapidly declining sales new buyers were appointed, but they still refused to listen to the stores. “We didn’t really discount discontinued stock. It wasn’t until the end that we started discounting stock.Top Insights For 2017 On Convenient Mortgage Broker Melbourne Secrets