Wednesday, February 4, 2009

120 days? A-B suppliers will have to wait four times longer to get paid

Starting Feb. 1, Anheuser-Busch gave itself 120 days to pay suppliers. Previously, standard terms were 30 days.

What do you think about this? Is this fair to suppliers? Won't it have a ripple effect throughout the St. Louis economy? What if all businesses adopted this practice?

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