Quote:
Originally Posted by Edknn123
Walmart squeezes suppliers to the point of bankruptcy. I'm sure they tried to strong arm Fiochi for price concessions.
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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.