Major Retail Industry Publication Features NAEIR Article

chain store age

Extra Inventory? Donate it

Corporations support charities, clear space and get tax breaks by donating excess inventory.

” ‘These donations are a very efficient and effective means to help us deal with stock situations, and our products get funneled to people who might not otherwise have easy access to it,’ says Art Swanson, strategic sales manager at Newell Rubbermaid…” 

“Companies like Microsoft, Stanley Tools, 3M, Newell Rubbermaid, Rand McNally, Reebok, Gillette, Xerox, Hallmark and thousands of others make such contributions, supporting charitable causes while at the same time taking advantage of tax deductions, reducing storage costs, clearing warehouse space and avoiding hassles with liquidators…”

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