How we got grifted by a multi-billion dollar grocery distributor

Re:How we got grifted by a multi-billion dollar grocery dist... by imroot on Friday December 30, 2022 @12:37PM (#34187404)

I know of a few retailers that operate on Net 270 terms for their smaller vendors (Looking at you, Home Depot) and Walmart would tell us that they would reset the 'calendar' if we would call and ask for the status of a payment.

This was 2003-2006ish, for the record.

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Re:How we got grifted by a multi-billion dollar grocery dist... by p_j_w on Friday December 30, 2022 @01:26PM (#34188106)

>Walmart would tell us that they would reset the 'calendar' if we would call and ask for the status of a payment.

How the hell is this even legal?

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Re:How we got grifted by a multi-billion dollar grocery dist... by kortilla on Friday December 30, 2022 @01:45PM (#34188369)

By agreeing to it when you go into contract with them.

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Re:How we got grifted by a multi-billion dollar grocery dist... by chasd00 on Friday December 30, 2022 @02:44PM (#34189112)

A tangent but what were you selling if i may ask? I'm developing a little bluetooth device that lots of people in a large hobby would find interesting and was fantasizing about pitching the prototype to a reseller.

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