University lost money on stadium alcohol sales

  • Article by: KYLE POTTER , Associated Press
  • Updated: March 19, 2013 - 9:20 PM
  • 48
  • Comments

  • Results per page:
littlebootsMar. 19, 13 3:33 PM

Leave it to inept government and academia (and even worse an incestuous relationship between the two) to somehow figure out a way to actually lose money on alcohol sales.

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Tex21Mar. 19, 13 3:43 PM

It absolutely was about making a profit - that was the basis that the University made for actually getting the approval to do it. How on earth can you lose money on alcohol sales.

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edma0012Mar. 19, 13 3:52 PM

900k in sales equals 16k loss? On beer? What's the margin on an 8 dollar pint? 500%?

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watt81Mar. 19, 13 3:52 PM

Sorry but I'm in the business. It is impossible to lose money on well-managed alcohol sales. Something doesn't add up.

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bteichrMar. 19, 13 3:52 PM

Maybe it's time to add a class to the business school curriculm. Product Pricing 101

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moretaxesnowMar. 19, 13 3:57 PM

It cost over $115,000 PER GAME to operate a small beer tent behind one endzone of the stadium? Unbelievable.

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lpasserMar. 19, 13 3:59 PM

Leave it to University to lose money on selling alcohol. If you can't do, teach!

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dankind61Mar. 19, 13 4:00 PM

All that time and money wasted. LMAO

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drposterMar. 19, 13 4:00 PM

3rd party, unions.. How was this not set to fail fiscally?

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pwntatoheadMar. 19, 13 4:01 PM

Get rid of Aramak. Why let their crappy services take such a huge cut? Why can't the University run its own dining services?

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