Of course they do! And many small companies find discover working with behemoths, like Walmart and Amazon, is a major pain. Their pricing/payment terms can be brutal and the inventory demands can be excruciatingly cumbersome.
If NON-EMPLOYEE CONSULTANT CEO SETH SHAW is planning to stock product for Walmart, it would be best for him to start calling his toxic financing buddies first thing this morning. There is no way TAUG has the free cash needed to support Walmart's brick-and-mortar inventory demands! Walmart suppliers do not have the luxury of saying "I will get it to you in two weeks"! You build it and hold it for immediate just-in-time delivery!
Getting product to Walmart's shelves doesn't guarantee a nickel in revenue. Successful consumer retailing is driven by demand. If the consumer doesn't know about the product and/or its brand, it just collects dust sitting on the shelf, but not for long on a Walmart shelf! If product doesn't sell in a Walmart store, it is gone in an just short of an instant. And rest assured, the Walmart buyer that made the decision to stock the product has a very long memory!
AGAIN! The CBD-laced gum has been "certified" by Walmart, which means nothing to the manufacturer/reseller until Walmart agrees to sell it. Per usual, TAUG's PR was EXTREMELY VAGUE!
Has Walmart actually chosen to sell TAUG's chewing gum in its brick-and-mortar retail locations? If so, where can it be purchased?
Brick-and-mortar can be a killer for small re-sellers, such as TAUG! B&M increases the inventory demands exponentially! Think of the thousands of locations needing the item. Compare this to e-commerce. The product is only stocked in a minimum number of distribution locations and isn't patiently sitting on thousands of shelves, hoping to generate some consumer interest.
If Walmart were to actually decide to stock TAUG's gum, it is just one more in Shaw's litany of major dart throws! Here's a realistic potential outcome! TAUG builds a massive inventory of all its gum products, the sales don't meet Walmart's objectives, and TAUG is out, eating bags full of chewing gum!
