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In other cases, the merchant is assessed "counter rent" for a "store-within-a-store" concept, common in the cosmetics industry, but also not unheard of in clothing. In other cases, the vendor agrees to buy back unsold merchandise from the retailer — this is a common arrangement for higher-value seasonal clothing, like designer coats.
In 2010, 2011 and 2012, Inc. named it one of the fastest-growing companies in the nation. [2] In 2012, Merchandize Liquidators doubled its revenues. [3] Merchandize Liquidators 2011 gross sales were $5.4 million and the percentage revenue growth for the four-year period through 2011 was more than 700 percent, according to a report by a leading trade publication. [4]
*Note: this list includes joint-ventures based in Michigan, subsidiaries of Michigan-based companies also located in Michigan, and companies based in Michigan currently owned or controlled by private equity, venture capital, or other similar entities. Below is a separate list of outside companies with a significant presence in Michigan.
Motor vehicle manufacturers based in Michigan (5 C, 238 P) W. Whirlpool Corporation (2 C, 2 P) Wolverine World Wide (10 P)
SpartanNash Company (formerly Grand Rapids Wholesale Grocery Company and Spartan Stores, Inc.) is an American food distribution and retail company headquartered in Byron Center, Michigan. [2] The company was founded in 1917 and was formerly known as Spartan Stores until it adopted its current name on November 19, 2013 following a merger with ...
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