For the past 45 years, Flocco’s has been selling Nike products in support of the brand. We have great credit standing and loyal customers. But instead of rewarding our loyalty, Nike is shutting down our account by refusing to supply us any longer- along with thousands of other small businesses. This is unfair treatment that hurts local communities across the country.
Nike’s decision to close accounts in good standing. since 2017, Nike was criticized for abruptly closing the accounts of some of its long-time retail partners without any warning or explanation. But yet they closed more in later years they This left many small businesses in a difficult position, as they had invested heavily in Nike products.
These actions have been met with widespread criticism and calls for change, as many believe that Nike should be supporting small businesses rather than taking actions that hurt them. Thank you Under Armour, New Balance, Brooks and the many other brands for supplying us during these hard times.
These actions have been met with widespread criticism and calls for change, as many believe that Nike should be supporting small businesses rather than taking actions that hurt them.
For small businesses that were affected by Nike’s decision to stop selling products to certain retailers, the impact was immediate and severe. Many of these businesses relied on Nike products to drive sales, and the loss of these products made it difficult for them to remain viable. Some businesses were forced to close their doors as a result, leading to job losses and economic hardship for the affected communities.
In addition to the direct impact on small businesses, Nike’s practices have also had broader consequences for the community. When small businesses close, it can have a ripple effect on the local economy, as these businesses often support other local businesses and contribute to the community in various ways.
Overall, Nike’s unfair practices have had a negative impact on small businesses and the communities in which they operate.
The impact of Nike closing small businesses on consumers can vary depending on the individual circumstances. However, there are a few potential effects that consumers may experience as a result:
- Limited access to Nike products: If a small business that a consumer normally shops at is closed due to Nike’s practices, the consumer may have limited access to Nike products in their area. This could be inconvenient for consumers who prefer to shop locally and support small businesses.
- Increased prices: In some cases, the closure of small businesses may lead to an increase in prices for Nike products, as the remaining retailers may have less competition and may be able to charge more for the products.
- Decreased product availability: Small businesses may have specialized in certain Nike products or carried a wider selection of products than larger retailers. If these businesses close, consumers may have less access to the products they are interested in purchasing.
- Negative impact on the community: The closure of small businesses can also have a negative impact on the community, as these businesses often support other local businesses and contribute to the local economy. Overall, the impact of Nike closing small businesses on consumers may be a combination of these factors, and could vary depending on the specific circumstances.
There are a ways that small businesses affected by Nike’s unfair practices can fight back:
- Speakout: Small businesses can use their voices to speak out against Nike’s practices and share their experiences with the public. This can be done through social media, local news outlets, or by contacting local lawmakers. also emailing The department of Justice Antitrust.atr@usdoj.gov.
- Support other small businesses: Small businesses can show solidarity with each other and support one another by patronizing each other’s businesses and promoting them to their customers.
- We also are looking to take legal action: small businesses have to stick together against these corporate ass holes we let greed destroy our country.
Nike’s greed knows no bounds. The company has shown time and time again that it is willing to trample on the rights and well-being of small businesses in order to further its own interests. Its recent decision to close the accounts of long-time retail partners, many of whom have helped build the Nike brand, is a clear example of this.
Small businesses have invested heavily in Nike products and have worked tirelessly to promote the company’s brand. And yet, Nike has shown them no loyalty or gratitude. Instead, it has abruptly closed their accounts without any warning or explanation, leaving them with excess inventory and no way to recoup their losses.
This callous and selfish behavior is unacceptable. It is time for Nike to be held accountable for its actions and to start treating small businesses with the respect and fairness they deserve. It is also time for consumers to speak out against Nike’s greed and to support small businesses that are being hurt by the company’s unfair practices. Together, we can stand up to Nike and demand change.