The Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 2 days agoPrices are out of controllemmy.worldexternal-linkmessage-square148fedilinkarrow-up1963arrow-down115
arrow-up1948arrow-down1external-linkPrices are out of controllemmy.worldThe Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 2 days agomessage-square148fedilink
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up13·2 days 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.