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In addition to the points others are making, there is also the increased cost of inventory that doesn't sell. The flipside to the high markups from retailers is
by ajmurmann 2y ago
In addition to the points others are making, there is also the increased cost of inventory that doesn't sell. The flipside to the high markups from retailers is the high discounts you get on last season's fashion. This is the "fixed percentage to avoid losses"
- dizhn 2y agoMy local produce store was complaing about this. The prices increased about 20 fold. What was once a small loss due to spoilage now became significant.