[Economy] Cash and Carry wholesale trade meaning

The term Cash and Carry wholesale trade has been appearing a lot in newspaper
columns nowadays, because of that FDI in retail issue.
Traditional wholesale trade
An electronics store owner, Jethalal Champaklal Ghada, requests 20 LCD TVs
from Sony wholesaler.
Wholesaler arranges for the truck, sends the LCDs.
Jethalal need not pay the entire cost-price of 20 LCDs at once.
Hed keep paying it either in installments or entire sum before next-Diwali or next
month or only when those LCDs are sold to a newly opening hotel. (i.e. deals made
on credit)
Another example of traditional wholesale:-
sometimes you see a guy with a notebook, making rounds at your local kiranastore or dairy parlor. Hed note down the order from
that store owner and after some time, hed come back in loading-rickshaw full of biscuit, softdrink and wafer packs. And the money is
settled on monthly basis.
Cash and Carry wholesale trade
It is different from the traditional wholesale deals in following manner:
Here Jethalal himself goes to that Wholesalers warehouse (or sends his henchmen Nattu kaka or Bagheshwar).
He pays entire cost of all 20 LCDs, at once. (Cash/Cheque/DD etc.)
He arranges for the truck-transport by himself and takes it back to his shop. (Carry)
Cash n Carry wholesale in India
(here goes copy paste job from Financialexpress)
In many big cities there are Best Price Modern Wholesale stores by Walmart Bharti venture, as 100% FDI is already allowed in
wholesale.
They stock about 6,000 items, including a wide range of fresh, frozen and chilled foods, fruits and vegetables, dry groceries,
personal and home care, hotel and restaurant supplies, clothing, office supplies and other general merchandise items.
These items are available at competitive wholesale prices, allowing retailers and business owners to lower their cost of operations.
Over 90% of these goods and services are sourced locally, thereby helping keep costs to a minimum, adding to the growth of the
local economy and creating job opportunities.
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6 comments to [Economy] Cash and Carry wholesale trade meaning
Snt
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"Cash and Carry wholesale trade" has been appearing a lot in newspaper columns nowadays.
Which newspaper are you referring to here ?
no
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cash and carry wholesale trade is practiced because of the high demand of such products.
zafaram
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@SNT:: ToI readers can not find such terms man. Dont worry. Just skip the article, or change your daily. ;)
Hem Sheth
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The example used to explain cash & carry wholesale is the best. It would be now hard to forget the meaning of cash & carry wholesale.
Bharti
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Jethalal what an example you thought of!!! Awsum
[Economy] LIST of All Articles published by me to clear the basic concepts of Economy for any
recruitment exam or interview Mrunal
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