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Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product. Customarily, coupons are issued by manufacturers of consumer packaged goods [ 1 ] or by retailers, to be used in retail stores as a part of sales promotions .
In the 1950s, Max Ericksen founded a sprinkler and plumbing products distribution company. The company grew and developed a proprietary line of irrigation products. In the 1970s that division of the company was incorporated as Orbit Irrigation. Today, Orbit is a leading retail brand for irrigation and watering products. [3]
In 1982, the discount pioneer John Geisse founded The Wholesale Club of Indianapolis, which he sold to Sam's Club (a division of Walmart) in 1991. [2] In 1983, James (Jim) Sinegal and Jeffrey H. Brotman opened the first Costco warehouse in Seattle. [3] [4] Sinegal had started in wholesale distribution by working for Sol Price at FedMart. [5]
Sprinkler fitting is a skilled trade that consists of assembling, installing, testing, repairing, inspecting, and certifying automatic fire suppression systems and their associated piping in commercial, industrial and residential buildings.
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