Stores loose money on Boxing Day sales?

[MarkoD]

Originally Posted by cuz

so when you were in retail did you do it to make a living or just for fun?
How much of your salary at the time would you have been willing to give back to the customers??

I did it as a part time job while going to school. But I was money hungry. I would never take a commission hit to save a customer money. I only gave discounts to intice people to buy more.

Sometimes I'd discount a tv 200 dollars to sell a 400 dollar warranty.

Warranty pairs 17% commission but tvs only paid 2%

[MarkoD]

At any electronics store when they show you the cost and tell you you're getting something at cost. It's not true.

The cost displayed on the cost displayed on the computer is padded to incorporate overhead. No one in the store ever knows the actual cost of anything