Hoarding Old stocks and selling them as brand new

[Starmix]

It's kinda like dishonesty old stocks freshen and displayed back as brand new. There's a spray to maintain the freshness of the clothes and garments for example. They are kept in a stock room and will be out to be displayed back as new and price tags new.

Have you noticed this in your malls?

 

[nomad]

If you are selling old stocks as new stocks, your customers will find it sooner or later, and they will punish you by not buying from you again. It will be a huge loss.

 

[Starmix]

The effects will be a great loss of profit once the customers learned what you sold were old stocks and renamed them as new. You could profit once but next few days you will have zero zale.

 

[Springtime]

I would say this is an unethical practice. Take the example of a shop selling ladies clothing. What the owner should do is to have a section selling out of season clothing or clothing from last year. The selling price is of course cheaper. This is up to the customer to choose.

 

[Ratine]

The hoadiing of the products on the business, is illegal in most nations in the world. For instance in Kenya that is treated as a criminal offense and a heavy fine and longer sentences imposed to the perpetrators.

 

[Starmix]

Horadong of old or new stocks are signs of greediness and betrayal to people who think that it is true that the stocks are not available but after some weeks they are visible with a price tag above the neck.

 

[Ratine]

That's very illegal and l am even sorry for that kind of these businessmen. They are not doing any fair to their loyal customers by doing so. Those crooks must be jailed for sure.

 

[Starmix]

That's very illegal and l am even sorry for that kind of these businessmen. They are not doing any fair to their loyal customers by doing so. Those crooks must be jailed for sure.

There were many doing this but they were not punished. The authorities only confiscated the goods and distributed them to the public. That is whst our Ph President ordered to the authorities to distribute the sacks of rice to the people living nearby.

 

[freelancermaria]

I have never encountered anything like this before. Others might be doing it, but I believe it is deceptive. They should have disclosed the actual condition of the items. Sooner or later, they will be caught, and it will be a big loss for them.

 

[King Belieal]

I won't criticise this as long as it doesn't cause any inherent danger to the customers. Business is all about making profits.

 

[Starmix]

I have never encountered anything like this before. Others might be doing it, but I believe it is deceptive. They should have disclosed the actual condition of the items. Sooner or later, they will be caught, and it will be a big loss for them.

That's right, there's a store here in my place doing that and one of his worker spread it to people and the store almost turned bankrupt. He changed and never did it again.