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I feel like that was the period when stores were adopting the easy returns but hadn't really accepted the results of taking the loss, so employees had poor ince
by mindslight 3y ago
I feel like that was the period when stores were adopting the easy returns but hadn't really accepted the results of taking the loss, so employees had poor incentives to just stick it back out for resale.
Then again maybe they're still doing it with tools bought in store and then returned there. These days when I buy tools at HD they're generally ship to home. And when I return stuff in the store, they're often a different SKU so they get an RTV (return to vendor) tag rather than the store reselling them. Which given the return pallets I've seen for sale elsewhere (ie this article), I wonder if it isn't a euphemism for dispose of, even if the box is unopened.
I've also got to wonder about this from the angle of the financial arrangements. Part of me always wonders if all that inventory is even owned by Home Depot, or if the contractual arrangements make it closer to a consignment relationship where stuff that is declared as unsaleable (for whatever reason) is eaten by the vendor.
- flutas 3y ago> I've also got to wonder about this from the angle of the financial arrangements. Part of me always wonders if all that inventory is even owned by Home Depot, or if the contractual arrangements make it closer to a consignment relationship where stuff that is declared as unsaleable (for whatever reason) is eaten by the vendor. My understanding, which may not be the best, from a few years of working retail. Most items for sale are actually owned by the big box company (retailer), but anything returned as defective is typically trashed and the big box company gets a credit from the manufacturer on their next purchase. So basically the manufacturer eats the cost, but it's also contingent on the retailer still buying their products.
- toast0 3y ago> they get an RTV (return to vendor) tag rather than the store reselling them. Which given the return pallets I've seen for sale elsewhere (ie this article), I wonder if it isn't a euphemism for dispose of, even if the box is unopened. I think return to vendors are shipped at the vendor's expense, so vendors tend to ship to nearby surplus processors for the most part.