The Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 5 months agoPrices are out of controllemmy.worldimagemessage-square119fedilinkarrow-up1800arrow-down111
arrow-up1789arrow-down1imagePrices are out of controllemmy.worldThe Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 5 months agomessage-square119fedilink
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up8·5 months agoMargins on alcohol sales are fairly high, especially with high rates of industry consolidation over the last decade. Retail alone collects a 20-30% vig on well standard hard liquor, for instance. Distributors can add another 40%. The Gray Goose sticker price of $30 for 750mL includes an excise tax of $2.40 So around 8%, by comparison.
Margins on alcohol sales are fairly high, especially with high rates of industry consolidation over the last decade.
Retail alone collects a 20-30% vig on well standard hard liquor, for instance. Distributors can add another 40%.
The Gray Goose sticker price of $30 for 750mL includes an excise tax of $2.40 So around 8%, by comparison.