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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhy Do Stores Throw Away So Many Perfectly Good Products? I Went Dumpster Diving to Find Out.
(Not me, Diamond_Dog, the author of the article).
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Before I flew to Texas to fully immerse myself in the reality of dumpster diving, I spent hours online watching videos of people pulling scores of discarded products out of various stores trash bags. As I scrolled, I saw influencer after influencer yelping with excitement as they found all sorts of delightful stuff for free a bicycle! makeup! candles! Lego sets! luxury leather handbags! just by digging through the garbage.
Dumpster diving is a treasure hunt and a game of chance. What will you find next? A bounty of gold jewelry? Or
a pile of trash?
And all I have to do is peek (or dive) into a dumpster to find out? Count me in!
So over the past few months, I descended into the muck following dumpster divers both online and in person to get an intimate look at whats hiding in our trash bins.
The experience made me uncomfortable, dirty, tired, and a little nauseated.
And I had an absolute blast.
https://www.nytimes.com/wirecutter/reviews/dumpster-diving-investigation/?campaign_id=190&emc=edit_ufn_20260530&instance_id=176410&nl=from-the-times®i_id=74838209&segment_id=220702&user_id=a9aa4f5d6050c1b2fa535a7ed5551a5b
marble falls
(72,657 posts)ProfessorGAC
(77,371 posts)The cost of goods at wholesale is already part of the expenses, so on a P&L statement, the expenses have no revenue offset. No taxes are paid anyway.
Now, if they gave away stuff past it's sell-by date, (but still suitable for consumption) to a food pantry, the lost margin IS a write-off. But, only the margins, not the retail value, as what the store paid is already non-taxable.
In our tax accounting class in MBA school, retail was a focus for about 40% of the term, and grocery was a case study for a quarter of that. Learned quite a lot in that class.