Originally Posted by PappaSmurfsHarem
When I worked there for a short time even their TV's had rather large margins.
Employee discount was 5% above store cost. and a $2300 TV at the time would have only cost me $1500 that was one of the extreme cases, but either way at least at the time their margins where really high.Hell even most of walmart's TV's have a 23-35% margin
2-12%, almost never over, didn't check the current TV line up though. WM is pushing higher end TVs now to drive nails in BB's coffin so they may have bigger mark ups. Consoles are almost no profit, maybe 2-3% (Never looked at the wii though). Video games are normally ~20-25% profit. "Sound systems" if that's what you want to call those plastic boxes, are very marked up. I don't want to talk about how I know.
When pepsi products are marked to $5.98 cubes it's a loss per sale (-2% I think it was, few cents each).
And I wish people wouldn't rag on un-knowledgeable employees. Stores don't pay to educate them or pay enough to convince educated people to retain those positions. And as several ex-employees have pointed out - their bosses only want figures, not happy customers.