View Single Post
 
Old 05-03-2017, 07:24 PM
DWalt's Avatar
DWalt DWalt is offline
Member
 
Join Date: Dec 2009
Location: South Texas & San Antonio
Posts: 33,844
Likes: 252
Liked 29,488 Times in 14,228 Posts
Default

Quote:
Originally Posted by Edknn123 View Post
Walmart squeezes suppliers to the point of bankruptcy. I'm sure they tried to strong arm Fiochi for price concessions.
Indeed they do. I have understood that both Wal-Mart and its sister organization Sam's Club essentially require some of their suppliers to consign merchandise to them for sale, letting the suppliers finance W-M and Sam's Club inventories. Suppliers don't get paid until the product is sold to a customer. Now that's a sweet deal.
Reply With Quote