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Lavandula multifida, the fernleaf lavender [1] or Egyptian lavender, [2] is a small plant, sometimes a shrub, native to the southern regions of the Mediterranean, including Iberia, Sicily, Northwest Africa and the Canary Islands. The plant grows up to 24 in (61 cm) tall. [1] The stems are grey and woolly.
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.
Lavandula latifolia.. Lavandula latifolia, known as broadleaved lavender, [3] spike lavender, aspic lavender or Portuguese lavender, is a flowering plant in the family Lamiaceae, native to the western Mediterranean region, from central Portugal to northern Italy through Spain and southern France.
In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacturer or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit. [1]
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]
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