After creating and supplying Target corp with 3 successful products, they decided that the products did so well that it would now be open for bid.
Not familiar with the process, Target contacted 10 companies, sent them samples of our product, and then held a 2hr bidding war.
We held onto to 2 of our products, but lost one to a supplier that bid at cost. Alot of times, suppliers will bid at cost to secure future appointments, knowing that any revenue would be incremental.
Crappy, but we were happy we maintained 2 of our products.
We then received word this year, that our buyer would be consolidating suppliers and we would no longer be providing those 2 products. WTF. They actually gave our product to a company that has no experience with the product....we own the market in every chain.
We don't own patents or have compyright insurance, as the products were considered private label.
I don't care what anyone says, Target is a crooked *** company that gets away with alot of shi't while the retarded media is too busy trying to demonize Wal-Mart.
The more you know...