4 ms·
Perhaps, but Walmart (and many other retailers) do not pre-buy all the products that they sell.
by sib 6y ago
Perhaps, but Walmart (and many other retailers) do not pre-buy all the products that they sell.
- notatoad 6y agodo you have a source for that? because my understanding (from my time working in that industry) is that everything is sold in exactly the fashion that the parent describes - wal-mart purchases from suppliers and sells to customers. they purchase a lot on credit, but no supplier is giving wal-mart terms like "just hold this in inventory for as long as you want and pay us whenever it sells"
- HenryBemis 6y agoI've watched plenty of Shark Tank episodes to learn/know that yes many retailers don't buy from you. They let you sell in their space, and after they get a hefty cut, they give you your share. And if it doesn't sell, you get it all back. To enhance the blackmail, they ask up front money's for a "better position in the shelves".
- deleted 6y ago[deleted]
- sib 6y agoIt depends on the category and retailer. My source (which I understand may not be satisfactory) comes from working at two of the biggest US retailers for a total of almost 9 years.