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Stock impact report

Why Saks Fifth Avenue could face Chapter 11 or liquidation [Yahoo! Finance]

Criteo S.A. - American Depositary Shares (CRTO) 
Last criteo s.a. - american depositary shares earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: criteo.investorroom.com
Company Research Source: Yahoo! Finance
Some vendors offered terms tailored to the fact that our business was heavily weighted to the fourth quarter. Many offered merchandise all year that we had to pay for after the Christmas season. Smaller vendors, however, usually had simple 30- or 60-day terms, and if we didn't pay them, they stopped shipping us merchandise. "If you consistently pay suppliers late, frustrations could mount. Suppliers could eventually sever ties with your business, leaving a gap in your supply chain that cannot easily be remedied. That could lead to a reduced product or service line, disgruntled customers, and lower sales," American Express shared in a general piece on late payments , that was not specific to any retailer. Pay enough vendors late, however, and word spreads, companies start demanding payment upfront, and the retailer has empty spots on its shelves, which limits its ability to generate needed cash. It's a recipe to run out of money, and that's what's happening at Saks Global, the Show less Read more
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