4 ms·
> A grocery store is simply a more organized open market. That’s not true though right? Don’t grocery stores buy the products that are on their shelves and the
by philipodonnell 7y ago
> A grocery store is simply a more organized open market.
That’s not true though right? Don’t grocery stores buy the products that are on their shelves and they are reselling them? That’s fundamentally different from a marketplace.
- mortivore 7y agoSome grocery stores, like Kroger, sell their own branded products in their stores.
- hoveringcto 7y agoExactly. Stores like Kroger use their data, make generic versions of popular items, and sell right next to the brand at eye level. Amazon just does it at a larger scale.
- ars 7y ago> Don’t grocery stores buy the products that are on their shelves and they are reselling them? No, not usually. Usually the seller pays the grocery to carry items, and the seller owns the items until sold. For some products the seller even stocks the items on the shelves.
- wccrawford 7y agoI think that's true for most goods, but there were definitely brands that stocked their own shelves at Publix when I worked there. That said, what brands got that special treatment was very much decided by Publix, so they were still curating the selection, they just weren't paying up-front for the goods or responsible for keeping those shelves looking good.
- learc83 7y agoGenerally Publix still owns that inventory though (even if they have a buyback guarantee) My dad worked for Lance snacks when I was a kid. He stocked the shelves, but the stores paid him for the product.
- wccrawford 7y agoDid they pay him for the product before or after it was sold? I never really knew which way it went, but assumed that since the entire thing, except checkout, was handled by the rep, Publix never really owed the product, they just sold it as if it were on consignment.
- learc83 7y agoThey paid him before. But really big stores would buy the whole thing on credit. They definitely owned the product, while it was on their shelves. Even if a vendor has a buyback guarantee for expired product, if someone were to break in and steal all the product, its the store who is liable not the vendor.