Andy wrote:
I was in my local newsagent in London and saw he had a card of button
cells behind the till which he was selling at £2.99 each.

I recognised the card of cells as one which I can get from my local
pound shop for £1. It contains about 16 cells.

Considering that the pound shop makes a profit then it will already
have raised the price from something like 50p.

I can't say exactly what the mark up is here for the newsagent as he
may get left with oddment batteries that he can't sell but he makes a
markup of about £2.50 on 50p (500%) if he sold just one battery!

His total markup is in the thousands of percent.

Has anyone seen a bigger markup than that?

Tandy used to sell speaker cable at £2.99 which had a store cost of about 6p
a metre which wasn't bad margin at all.
--
Alex

Piece by piece the penguins have taken my sanity
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