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Generally 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 shelve
by learc83 7y ago
Generally 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.