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2x is entirely reasonable markup on a piece of furniture, particularly if they bought it in bulk. There's just no way they are selling merchandise at a 40% loss per unit.

Why do you think that Jet payed full retail price?

My understanding from interviews with employees and they use volume, logistics and other factors to leverage a better deal that they pass off entirely to the customer. (They make their profits off the membership as I recall)

I think this was the original plan, but they dropped the membership fee and have since raised several hundreds of millions to continue operating. Hence all of the head scratching about their financial prospects.

Its more likely Jet drop-shipped it, and that's their supplier.