lister wrote:From the DUH! department...
But the auditor general countered that, by modernizing its pricing structure, the LCBO could actually generate more money for the public coffers.
“It might be able to increase its overall profit margins while still meeting its retail pricing objectives,” McCarter told reporters.
cmadd wrote:One way to read that as implying that they should get stuff from suppliers dirt cheap, and mark it up even more to maintain the retail price.
I think that's the only way to read that...
JerCraigs wrote:cmadd wrote:One way to read that as implying that they should get stuff from suppliers dirt cheap, and mark it up even more to maintain the retail price.
I think that's the only way to read that...
Yes, but as a taxpayer, we should want them to do that. We wouldn't pay anymore but they province gets more money.
As a customer, it would be nice if they would reduce the prices for us.
As craft beer supporters, its to the breweries benefits to get paid more.
JerCraigs wrote:But the auditor general countered that, by modernizing its pricing structure, the LCBO could actually generate more money for the public coffers.
“It might be able to increase its overall profit margins while still meeting its retail pricing objectives,” McCarter told reporters.
One way to read that as implying that they should get stuff from suppliers dirt cheap, and mark it up even more to maintain the retail price.
Kel Varnsen wrote:Could that also not mean that the LCBO could lower their retail prices in order to sell more alcohol which would increase its overall margins. Especially if increasing the sales volumes allows them to get even bigger discounts from suppliers.
JesseM wrote:But....but......but paying too much for booze is the socially responsible thing to do......
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