
Here's an idea that has got me - every time i walk through a shopping centre, nearly every shop has a HUUUUGE red sign out the front with 50%!!!! off - sorry I mean up to 50% off - I know they are running 75% margins on retail, and if it were actually 50% off, then it would be a fair enough deal to pay their rent, staff etc, but I am completely over the up to 50% sign when in reality there's 6 items at deep discount, nd the rest is same old - I've lost the faith in a sale.
As to the article above and the differences for those that read, the first thing i can think of, is one counted foreign currency transactions as their measure and the other counted transactions with more detail - I buy plenty overseas, and a lot is simply charged in AUD, even though it came from the UK - eg the largest retailers of bike parts in this country are Wiggle and CRC - both can charge you in AUD, both are definately UK based
Yesterday in Canberra DJ's I saw a Sportcraft jumper in a style I liked it was on a rack saying 70% off the price of garments, I looked it was marked down from $139 to $89 I know maths is not my strong point but, anyway took it over to the counter and the price scanned at $89, I pointed out that it came off the rank and male attendant tried to inform me that $89 is 70% of $139. Obliviously as an arts graduate i know nothing of mathematics.











