Tobacco excise tax varies wildly by state, from $0.17 per pack in Missouri to $5.35 in New York. Add federal tax, local surcharges, and separate rates for cigars, smokeless tobacco, and vape, and the tax load on a single pack changes sharply from one state to the...
Key Takeaways: Retail markup is your profit on an item (Selling Price – Cost) shown as a percentage of what the item cost you. Markup and margin describe the same profit from two different angles. A 100% markup always equals a 50% margin, and mixing up the two leads...
If you run a liquor store on LiquorPOS, you’ve probably heard that the software is going away, and then found nothing but vendor sales pages when you tried to confirm it. Here’s the straight version: LiquorPOS is widely reported to be winding down, several...
A tobacco scan data program is one of the few arrangements that pays a retailer for something they already do: ringing up cigarettes and other tobacco products. By sharing that transaction data with tobacco companies like Altria, Reynolds, and ITG, you unlock rebates,...
Thrift Store POS Finder Answer six quick questions and we will rank all eight POS systems from this guide, from the best fit for your store to the least, based on how you actually run. 1What kind of thrift store do you run? Nonprofit / donation-driven Consignment /...
