Tag Archives: retailers

Q&A: How do retailers make money?

Question by Skinny Minnie: How do retailers make money?
I bought a pair of running shoes from a local store. I like the shoe but not the color, so I looked online for alternatives. I found the same shoe–with a color I do like–for the same price, but direct from the manufacturer. So I’m wondering does the local store somehow buy them from the manufacturer for less? Otherwise, how do they make money on the sale? I would think after shipping costs they would even lose money!

Best answer:

Answer by My
the manufacturer is giving them discounted price especially in bulk orders

What do you think? Answer below!

Does anyone know of any local discount TV retailers in Oklahoma who sells refurbished LCD tvs?

Question by : Does anyone know of any local discount TV retailers in Oklahoma who sells refurbished LCD tvs?
I’m trying to find a store that’s not the main stream discount retailers like Fry’s or stores like that.

Thanks!

Best answer:

Answer by syco noodles
you will have to go into independent electrical stores and ask them if they can order your a refurbished lcd tv, the store will have to phone (panasonic, sony etc etc) and ask them whats available

or you could try amazon

Know better? Leave your own answer in the comments!

In Colorado, do retailers charge tax on coupons when you use SNAP benefits?

Question by : In Colorado, do retailers charge tax on coupons when you use SNAP benefits?
It is my understanding it varies state to state, but I am wondering if someone uses SNAP to purchase groceries, and use coupons to save money on the groceries…do they have to pay tax on the coupons?

Best answer:

Answer by Corvato
SNAP is usually called food stamps or EBT

you don’t get taxes on coupons… but if you are buying products that have a sales tax, you will be charged sales tax on the product usually before the coupon

so if you have 8% sales tax, and buy a $ 1 product, you get charged $ 1.08
if you use a 50% off coupon, you will pay 1.08, minus 50 cents = 58 cents

What do you think? Answer below!

In Colorado, do retailers charge tax on coupons when you use SNAP benefits?

Question by : In Colorado, do retailers charge tax on coupons when you use SNAP benefits?
It is my understanding it varies state to state, but I am wondering if someone uses SNAP to purchase groceries, and use coupons to save money on the groceries…do they have to pay tax on the coupons?

Best answer:

Answer by Corvato
SNAP is usually called food stamps or EBT

you don’t get taxes on coupons… but if you are buying products that have a sales tax, you will be charged sales tax on the product usually before the coupon

so if you have 8% sales tax, and buy a $ 1 product, you get charged $ 1.08
if you use a 50% off coupon, you will pay 1.08, minus 50 cents = 58 cents

Add your own answer in the comments!