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Pineedles · 02-05-2009, 07:37 PM

Dear Folks of the Winnipesaukee Forum,

Those of you who are still in denial, here is your clue. If the rack jobbers for companies like Frito Lay and Pepperidge Farms are pulling their products off the shelves of supermarkets that are closing down, then this is a very serious economic situation we are headed for.

I am guilty of not taking it seriously enough in the past, but this post by Meredith Lady convinces me that we are headed for a real big problem. I am convinced, because 13 years ago the company I was working for was closing down, and the vendors didn't even bother to show up to take their stock back, even after they were invited in to take their inventory back. These inventory items were worth $200-$300 each. They couldn't be bothered to send a car to pickup 10 or 12 circuit boards. That's $2,000- $3,000 per vendor and there were at least 5-6 vendors who were contacted.

Now, the rack jobbers are sending in trucks at a cost of $1.00 per mile or more to pickup 50 bags of fritos? Or 20 loaves of bread? Very revealing!

Save every dime you have people! You haven't seen the worst yet.

My apologies to sa meredith who first sounded this crisis last summer and I told him he was over-reacting.

02-05-2009, 07:37 PM	#48
Pineedles Senior Member Join Date: Aug 2004 Location: Moultonborough & CT Posts: 2,548 Thanks: 1,073 Thanked 669 Times in 368 Posts	1929 ++++ Dear Folks of the Winnipesaukee Forum, Those of you who are still in denial, here is your clue. If the rack jobbers for companies like Frito Lay and Pepperidge Farms are pulling their products off the shelves of supermarkets that are closing down, then this is a very serious economic situation we are headed for. I am guilty of not taking it seriously enough in the past, but this post by Meredith Lady convinces me that we are headed for a real big problem. I am convinced, because 13 years ago the company I was working for was closing down, and the vendors didn't even bother to show up to take their stock back, even after they were invited in to take their inventory back. These inventory items were worth $200-$300 each. They couldn't be bothered to send a car to pickup 10 or 12 circuit boards. That's $2,000- $3,000 per vendor and there were at least 5-6 vendors who were contacted. Now, the rack jobbers are sending in trucks at a cost of $1.00 per mile or more to pickup 50 bags of fritos? Or 20 loaves of bread? Very revealing! Save every dime you have people! You haven't seen the worst yet. My apologies to sa meredith who first sounded this crisis last summer and I told him he was over-reacting.