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Monday, August 15, 2022 1:03:14 PM
And also the CHANNEL STUFFING for outlets such as Amazon.com being booked as "Revenues" as if they've sold a bunch of "Hearing aids" to end users, WHICH THEY HAVE NOT NOT NOT NOT !!!
QUOTE,
"Walmart Pays invoices even when product doesn’t sell AND they’ll keep the product on the shelf and order up to a year. Basically a 12 Month Trial. I’ll be interested to see how it does by April-May 2023.
8:53 AM · Aug 15, 2022·Twitter for iPhone"
ANYONE remotely familiar with Walmart "vendor policies" knows these FACTS !!
Moreover, Walmart is known as a SMALL VENDOR CRUSHER - entire shows on TV and now on Youtube of "We were a small to mid-sized retailer and Walmart nearly bankrupted us" when we thought it would be our biggest wet dream to get inside their stores.
Walmart is BRUTAL on tiny tot nothing vendors such as China Inc middle-man nobodies such as INNER-CON !!
ALL charge backs, ALL bad merchandise, ALL returns, ALL losses - are "pushed back" such that the vendor EATS THE LOSS and almighty Walmart never loses a cent - ever !!
Walmart is the "House" in Vegas - they rule and control everything with an iron fist and a jackboot on the neck of their vendors stupid enough to "try" and do biz with them.
Before it's over- they will be selling their own EQUATE BRAND hearing aids after using INNER-CON to test the model, find the flaws and then kick um to the curb so fast they'll think a tactical nuke just went off, because it will feel and result in the same destruction.
I've watched hours of video - "WE NEVER WOULD HAVE GONE INTO WALMART IF WE KNEW WHAT WOULD HAPPEN TO OUR BUSINESS" blah blah !!
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
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