Word: markup
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...late 1990s, Florida farmers sent an undercover video crew to Mexico to document sanitary and pesticide violations and child labor. The expose became known on Capitol Hill as the "Mexican death tape." But today several activists have grown quieter, charging that grocery chains are retaliating by canceling orders. "The markup is so outrageous, they don't want anyone messing with it," says a tomato grower. Luis Rodriguez, a consultant for Florida Farmers Inc., an advocacy group, says he listened in on a conversation in which a Wal-Mart official told a supplier that he planned to stop buying from farmers...
...with ties to the country's ruling family, rather than the Kuwaiti national oil company, to fill some of its initial fuel orders. That deal is now the subject of an investigation by the Kuwaiti government and is also being looked into by the Pentagon, which says Altanmia's markup--about $1 per gal.--resulted in a $61 million overcharge. Halliburton says it used Altanmia only for fuel orders that had to be filled quickly, and then only with the approval of the U.S. military. Altanmia did not respond to a request for comment. Rex Wempen, co-founder...
...contractors will no doubt complain that this will increase their administrative costs and that they are therefore entitled to a larger markup on their workers’ labor,” Fenstermacher wrote in an e-mail. “None of this would happen if these jobs, which are clearly a continuing need, were filled by Harvard employees vetted by Human Resources to the same depth and by the same means as any other Harvard employee...
...weekend featured that ubiquitous post-Thanksgiving materialistic orgy known as “Black Friday.” Thanks to the department stores and shopping center kiosks’ generosity, for one blissful day prices on almost everything are reduced more than 50 percent from their usual 75 percent markup...
...prices--for example, Chateau Salitis, a French blend of Grenache and Syrah with dollops of Cabernet and Merlot. The vintner produces just 5,000 cases a year, nearly all of which Andrew snaps up. "It's a wonderful little wine," he says. Price: $6 a bottle. Costco's maximum markup is 14% above its wholesale cost, compared with 35% to 40% at a typical wine shop...