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  1. Join Date
    Oct 2002
    Posts
    29,354
    #1
    Just in case you guys are wondering why you can't buy Colgate nor Palmolive
    items at SM...


    BIZ BUZZ : We’ve got it all ... almost

    By the Staff
    Philippine Daily Inquirer

    Posted date: June 09, 2009

    DON’T go looking for Colgate toothpaste in SM Supermarkets. Don’t go shopping there for Palmolive soap or shampoo either, because chances are, you won’t find any. That’s because the SM group and fast-moving consumer goods (FMCG) manufacturer Colgate-Palmolive recently got into a tussle over billing issues, according to our sources.

    According to the Colgate-Palmolive camp, the disagreement came about after SM insisted on a payment period beyond what is normal for FMCG items (a longer period would have positive and negative implications for either party, since “time is money”).

    The SM camp, meanwhile, says the terms are static, and that a new Colgate-Palmolive manager who is “unaccustomed to the way business has always been done” has been pushing for better terms (that are clearly not better for SM).

    Thus, Colgate-Palmolive’s products and merchandisers are no longer a fixture in SM Supermarket premises, prompting a high-stakes stand off between the two corporate giants.

    Both firms rely on each other for a significant amount of their revenues. SM—the country’s biggest supermarket chain—is easily Colgate-Palmolive’s largest vendor. Colgate-Palmolive products, meanwhile, are some of the best-selling products of the chain, with daily sales estimated in the millions of pesos.

    Yesterday, several SM Supermarkets showed thinning stocks of Colgate toothpaste, while Palmolive bath products were “out of stock,” according to the staff.

    Neither side seems keen on prolonging the agony, however, and a source from the SM group said that they are “looking forward to resolving any differences.”

  2. Join Date
    Oct 2002
    Posts
    3,872
    #2
    Tagal na nito. Yes, there are issues affecting the relationship with the retail group but its nothing that can be resolved. Look for Colgate-Palmolive products to be back at SM Superstore's shelves soon. Meantime, if you want your favorite toothpaste or shampoo, you can get a buy 1 take 1 deal in Robinsons.

  3. Join Date
    Sep 2003
    Posts
    21,384
    #3
    Matutuwa Close-up nyan.........

  4. Join Date
    Oct 2002
    Posts
    40,038
    #4
    also read about this a couple of weeks ago...

    bottom line. MONEY!

    tingin ko kung SMB ang mag pull out doon ma apektuhan ang SM, sobrang extensive ng product lines ng SMB eh

    also read bout Star cinema stop showing their movie in all SM cinemas..problem was also about money...mali mali daw ang computation ng SM
    Last edited by shadow; August 25th, 2009 at 03:11 PM.

  5. Join Date
    Aug 2004
    Posts
    22,705
    #5
    Not really surprising... a lot of suppliers have gripes about SM's payment schemes. What's surprising is that it came to this kind of impasse, considering how important this supplier is to SM.

    Don't really mind... I shop at Shopwise and South Supermarket, anyway. I only do SM once in a while.

    Ang pagbalik ng comeback...

  6. Join Date
    Oct 2002
    Posts
    40,038
    #6
    +1, if they can do this with this big companies, what more sa mga maliit na suppliers..
    boycott na ang SM! hehehe

  7. Join Date
    Nov 2005
    Posts
    45,927
    #7
    one-sided kasi mag business ang SM

    gusto nila lamang sila lagi

    malaki kasi sila so siga-siga sila

    they have this you-need-us-more-than-we-need-you attitude

  8. Join Date
    Feb 2008
    Posts
    14,181
    #8
    Quote Originally Posted by uls View Post
    one-sided kasi mag business ang SM

    gusto nila lamang sila lagi

    malaki kasi sila so siga-siga sila

    they have this you-need-us-more-than-we-need-you attitude
    At the end of the day they almost always win... Survival of the fittest, hay it always applies!

  9. Join Date
    Jun 2009
    Posts
    1,463
    #9
    Kaya pala. I only heard about some Pinoy movies not shown at SM theatres.
    SM turned $M. One thing I hate on this business giant is contractualization of employees, kahit matagal na yung emplyado.

    Minimize ko na rin mamili sa SM Super/Hypermarket. Puregold at Cherry na lang, mas mura pa.

  10. Join Date
    Aug 2005
    Posts
    7,186
    #10
    The News was June 9, 2009. Hindi pa rin ba resolved?

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NEWS: Colgate - Palmolive, Wala na sa SM supermarket