Also, I worked in a big box store for years, and the situation you described was not the norm at all. There was maybe one or two shelves where that product wasn’t owned by the store itself. And those ones were loaded separately by that other company’s staff.
Maybe it’s more regional, but I work in this space. My company has these deals for our product and we work heavily with companies like Walmart, CVS, Target, etc. We’re in almost 100,000 stores and that’s how all of this works. We regularly interact with companies that facilitate these kind of set ups. Soda, candy, Pokemon cards, greeting cards, etc are all products that operate this way.
SBT (scan based trading) reduces the stores risk, by not having a large amount of capital tied up in product that hasn’t sold yet. It’s hugely popular in the spaces I’m familiar with at least.
Maybe it’s more regional, but I work in this space. My company has these deals for our product and we work heavily with companies like Walmart, CVS, Target, etc. We’re in almost 100,000 stores and that’s how all of this works. We regularly interact with companies that facilitate these kind of set ups. Soda, candy, Pokemon cards, greeting cards, etc are all products that operate this way.
SBT (scan based trading) reduces the stores risk, by not having a large amount of capital tied up in product that hasn’t sold yet. It’s hugely popular in the spaces I’m familiar with at least.