Already a Bloomberg.com user?
Sign in with the same account.
A Retailer Agreement is an agreement between a company or business who is generally a wholesaler or manufacturer of products and a retailer of a particular product or services who sells those directly to the consumers. A binding retailer agreement determines the rights of a particular buyer who is a retailer and a seller who is supplying that retailer. It spells out specifics such as products to be represented in this agreement and whether the retailer has an exclusive or a non exclusive right to sell the sellerâ€™s product. The price and quantity will be specified as well, along with the responsibility for taxes. Amongst other things, the details of what payment will be made, along with how and when it will be rendered will also be set forth in the retailer agreement. The issue of shipping will be addressed, as will any return policy. Other important issues that need address are how the retailer shall use the sellerâ€™s corporate identifications, trademarks and what kind of restrictions are imposed; additionally, restrictive covenants of non disclosure of confidential information, non competition and non solicitation etc. are also important provisions of such an agreement