I haven't listened to this yet, but it sounds fascinating.
https://www.npr.org/sections/money/2018/12/13/676538506/why-are-there-so-many-mattress-stores
https://www.npr.org/sections/money/2018/12/13/676538506/why-are-there-so-many-mattress-stores
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LEGO Americana Roadshow: Building Across America I just checked out this traveling exhibition from LEGO and was quite impressed. The scale ... -
Merry Christmas, everyone!
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When we let politics trump science, people are needlessly put in harm's way. http://arstechnica.com/science/2017/01/self-censoring-fears...
I've read a longish article about this, I believe in The New Yorker, and it is totally fascinating.
ReplyDeleteI also read an article about that. I forget what it said, though.
ReplyDeleteI'm going to guess and then go read it.
ReplyDeleteMy guess is they floorplan finance so there's minimal inventory cost.
Nope, wrong.
Only 100% markup? No big deal. But the reporters think a wire frame covered with ticking costs 500 bucks wholesale. The rest of the story is yada yada corporate acquisition spree with perverse internal incentives then a foreign buyer under investigation in South Africa. A sad story for main street.
Bob Calder Yeah, that's what I think I read.
ReplyDeleteJewelry stores used to have a routine 500% markup.
ReplyDelete