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echnidna
24th November 2006, 10:02 AM
Years ago furniture retailers used to markup 50% on cost.

Since retirement I have lost track of markups and suspect they might now be a lot higher.

I would appreciate it greatly if you could either post or pm me typical current markups

TassieKiwi
24th November 2006, 10:35 AM
Buy a million items from China, made from timber illegally logged, and add 500%. Call your store Hardly Normal. Post a $346m profit after tax. Take over the world.

That will make us sore.

martrix
24th November 2006, 12:25 PM
Years ago furniture retailers used to markup 50% on cost.

Since retirement I have lost track of markups and suspect they might now be a lot higher.

I would appreciate it greatly if you could either post or pm me typical current markups

50% would be the minimum, some are 100% mark-up...No wonder no one is selling anything, everything costs so much now.:(

China again.

Harry72
25th November 2006, 12:41 AM
I've talked to several dealers, most mark up 2~300% on imports and 50~100% on local or custom made gear.