----- Original Message ----- From: "The Fool" <[EMAIL PROTECTED]> To: "Killer Bs Discussion" <[email protected]> Sent: Thursday, January 05, 2006 12:37 AM Subject: Re: Wal-Mart efficiency (was Re: My annual Xmas tirade...)
> > Are you seriously saying that walmart sells for $1.00 goods for every > $1.00 of goods they buy? I thought they made 3.x % profit after taking > out the percentage for average pay for workers (including--if > any--benifits) and sales taxes. No, there is a markup for costs. I realize there is about a 3% profit, but that is, basically in the noise when one compares 50% to 10% (after profit one is comparing 50% to 10.3%). But, there are other non-profit costs, such as wages and Lets assume a very unreal exaggerated 50% markup from wholesale to retail for Wal-Mart. That still leaves us at 15%, not 50%. (Looking at websites, I get a more realistic number of a 20% markup from wholesale.) So, I've granted you a number of questionable estimations and exclusions, and still we are not close to your "most." It seems clear that that was a significant overstatement. Dan M. Dan M. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
