In which we study the markup on an import
This was seen in the large Parisian department store Galaries Lafayette* the other day, in the “Epicerie Britannique” section of the gourmet foodhall:
A bottle of salad cream that says “99p” on the label, on sale for €3.24** At today’s exchange rate – just under 68p to the euro – that’s a shop price of £2.20. Slightly less of a bargain than it says on the label, then. The shop was also selling tins of Heinz beans originally from multipacks, singly, for about £1 per tin. Ouch. How much does it cost to import a tin of beans, exactly?
* They do apparently have an official website, which I couldn’t get to work at all.
** Frankly, I was quite surprised that a shop in Paris was willing to let people know that salad cream exists.