Home Business Carrefour penalised for forced supplier discounts

Carrefour penalised for forced supplier discounts

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Business Daily | by Victor Juma


Carrefour, Kenya’s second largest retail chain, will need to expunge up to six items from its supplier contracts that are said to give the store the power to offer ultra-competitive pricing to boost sales and increase market share.

The clauses include forcing suppliers to pay a non-refundable fee to do business with it and compelling merchants offering the retail chain goods to provide extra rebates or discounts…

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