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do 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 pare
by notatoad 6y ago
do 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.