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Club Factory is a fashion, beauty and lifestyle e-commerce store headquartered in Hangzhou, Zhejiang, China. [1] It was created by Jiayun Data Technology, a Chinese company, in the year 2014. [ 2 ]
Often the supply chain will include more than one intermediary, although retailers usually strive for the fewest middlemen and lowest prices. Since the emergence of the Internet, many retailers have begun using it for just this purpose, and many new online-only wholesalers have emerged as a result. [2]
A warehouse club (or wholesale club) is a retail store, usually selling a wide variety of merchandise, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive to both bargain hunters and small business owners.
BJ's Wholesale Club Holdings, Inc., commonly referred as BJ's, is an American regional membership-only warehouse club chain based in Marlborough, Massachusetts, operating in the eastern United States in addition to Ohio, Michigan, Indiana, and Tennessee, and Alabama.
The company was founded by Alexey and Elena Sokolov in 1993 in Krasnoye-na-Volge, Kostroma Oblast, Russia, a place known for jewelry manufacturing since the 19th century. The parents of the company founders used to work at Krasnoselskaya Jewellery Factory, established in Soviet times to consolidate smaller jewelry manufacturers. [3]
The trend of jewelry-making at home by hobbyists for personal enjoyment or for sale on sites like Etsy has resulted in the common practice of buying wholesale costume jewelry in bulk and using it for parts. There is a rise in demand for artificial or imitation jewelry by 85% due to the increase in gold prices, according to a 2011 report. [14]