In 1908 Edward Filene opened the automatic bargain annex or Filene's Basement as a way to sell excess merchandise from the upstairs department store.
The organization's mission is to help companies donate excess merchandise to charities instead of destroying it.
In April 2012, Fiorina became chairman of Good360, a nonprofit organization in Alexandria, Virginia that helps companies donate excess merchandise to charities.
Department stores are hawking excess merchandise.
No sooner had Acorna dressed than a great herd of seamstresses, jewelers, and cobblers descended upon the pavilion to carry the excess merchandise away.
They buy excess merchandise cheaply, particularly computer equipment, and resell it to the highest bidder.
The "pups" referred to the excess merchandise which was sold at very low prices.
The stores were "originally supposed to be distribution centers for excess merchandise," said Assemblyman Anthony Impreveduto, who is also a Secaucus Councilman.
The consumer perception is that there is a real glut in the stores, that shopping is really made much more difficult by the amount of excess merchandise.
Sample sales are used by retail businesses in order to discard excess merchandise.