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Trading Assistance: Late arrival and a solo driver instead of a team

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The Problem: Solo driver used after team agreed to. The Key Point: Proving damages resulting from late arrival can be difficult or impossible. The Solution: A liquidated damages provision can be used to help compensate for losses.

Club Stores: Eye on Innovation

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The Big Three warehouse clubs have been upping their game on the technology front of late. One area of advancement is in robotic scanning.

Club Stores: Others Adopting the Model

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Regional and online bulk-product retailers are also using strategies of the major club stores.

Club Stores: Differentiation within the channel

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For the most part, the top three warehouse chains have similar strategies and tactics, and proximity is one of the main reasons consumers choose one chain over another. But there are some differences.

Club Stores: Fresh Produce in Bulk

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“Our research shows that 26 percent of shoppers indicated they’re buying more bulk-pack items to help cope with food price inflation,” says Brian Numainville, principal at The Feedback Group in Lake Success, NY.

Club Stores: The Value Proposition vs. Conventional Retail

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Wholesale clubs operate by keeping costs low through their buying power. They require vendors to simplify packaging or complete other cost-cutting measures, select only products that provide the right value for their customers, and take other steps to ensure the lowest possible price.

Club Stores: Outperforming Traditional Grocers

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All three warehouse club leaders have been expanding in recent years, along a variety of measurements.

Club Stores: The Market Leaders

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Warehouse clubs came on the scene in the United States in the 1970s, offering a relatively small selection of value-priced food and nonfood products, mostly in large package sizes, in a no-frills store environment.

CASE STUDY: A Leamington Hothouse Bankruptcy Part 3

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Although Lakeside Produce Inc. creditors filed claims with Blue Book, shortly after the filing, they were quickly closed, giving way to the bankruptcy proceedings. 

CASE STUDY: A Leamington Hothouse Bankruptcy Part 2

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In a February 2023 Trustee’s Preliminary Administration of the Estate of the debtor report, economic challenges for Lakeside Produce Inc., beginning in mid-2020 and continuing well into 2022, were cited as the main reason behind the bankruptcy.