Farmers good, big retailers bad - could that really be true?

By Ross Gittins - National Times
Updated July 18 2012 - 1:19pm, first published 1:14pm

WHEN you buy something in a supermarket or a department store, how much of the price that you pay is the store's mark-up? And of that mark-up, how much covers the store's costs and how much is clear profit? Everyone has their own answers to these questions. But I suspect most of those answers are based on vague impressions and long-held prejudices rather than hard evidence.

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