Quote:
Originally Posted by Bobblehead
The bookstores can sell the books for whatever price they want. They do it all the time, look on the bargain shelves.
As a matter of fact, it is illegal for the publishers to dictate what the retailer is allowed to sell the final product at. That is called resale price maintenance. They can recommend a price (MSRP), they can print the price on the jacket, they can refuse to sell to the retailers in the future, but they cannot contractually force the retailer to sell for any specific amount. That violates the Competition Act.
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Publishers sell books at a fixed discount including bargain. "Bargain" books are brought in at that price they are not discounted old stock. Discounting further on regular product would result in selling books at a loss . . . and I don't know what company likes to operate at a loss. The mark up on books is nowhere close to the markup on food, clothing, music, electronics etc. For companies like Walmart and Costco books are loss leaders put in to entice customers into their stores to buy all their regularly priced merchandise.
The
point of my post was instead of harassing minimum wage workers about something that is beyond their control why not address it to some place more constructive . . . where it might actually make some sort of impact. Here's an address that you can start at:
pricing@indigo.ca.