trade n.— «One of the more troubling signs for a manufacturer or retailer is when its suppliers—the “trades,” in industry lingo—begin asking to be paid in advance.» —“Some G.M. Suppliers Said to Request Payments in...
double cropping n.— «Sardi said the Edcon deal, which was concluded last year when Bain bought the retailer for R25bn, remained SA’s biggest private equity transaction. But, said Sardi, the debt on the Edcon deal was trading at a...
waterbed effect n.— «The larger chains can extract more favourable conditions from suppliers than other types of retailer can. They are able to do this because of their market shares and integrated supply chains. The result of these...
cleanskin n.— «The word “cleanskin” comes from a term used to describe unbranded livestock. When a winery has more wine than it can sell it has three options: 1. hang on to it; 2. discount it; or 3. sell it off unlabelled...
poison put n.— «In December 1995, following several quarters of weak sales, Kmart Corp. came on the brink of a bankruptcy filing: Their problems stemmed from the possible exercise of $550 million of poison put bonds outstanding, which...
on memo adv. phr.— «Those shipments are made to creditworthy customers who then manufacture moissanite jewelry and in turn ship that jewelry to creditworthy rails retailers—again on memo.…This is a form of consignment selling, and...