AN IMPORTANT MESSAGE FOR PRICELINE FRANCHISEES FROM CHRIS LEMON, SOON-TO-BE LEAD APPLICANT IN IMMINENT PRICELINE CLASS ACTION PROCEEDINGS.
Chris Lemon response to Andrew Vidler, Priceline General Manager’s video message from April 6, 2020
Lemon provides practical examples of Priceline’s control and its impact on his pharmacy.
He focuses on the following subjects:
Impact of the SAP upgrade in 2015, which resulted in loss of promotional allocations and seasonal discounts.
High Cost of Goods – Priceline’s Move from a Net in Store Pricing Model to Discretionary Rebates.
Issues with Stock:
- Too much of the ‘wrong’ stock;
- Increased cost of goods;
- Rigid payment terms; and
- Persistent problems with pricing and discounts.
4. Lack of transparency with regards to API’s use of withheld rebates.
For more information on the class action and how you can get involved,