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re: For those of y'all who hate Walmart, read these facts and savor them
Posted on 6/13/17 at 9:44 pm to rocket31
Posted on 6/13/17 at 9:44 pm to rocket31
quote:I just presented you evidence that walmart's revenues are ridiculously close to equaling their costs.
conservatives who support the walmart practice of having the government subsidize their workforce is truly mindblowing
Where will walmart get the extra money to pay their employees more?
2
Posted on 6/13/17 at 9:57 pm to HailHailtoMichigan!
quote:
I just presented you evidence that walmart's revenues are ridiculously close to equaling their costs.
they profit 1.3 billion per day (or month according to your data)
ive heard it all now "walmart is barely getting by, how can the company survive with billions of profits every month guys???" - just lol
This post was edited on 6/13/17 at 10:00 pm
Posted on 6/13/17 at 10:12 pm to HailHailtoMichigan!
quote:
I just presented you evidence that walmart's revenues are ridiculously close to equaling their costs
3.5% is actually pretty good for a store like Walmart. Grocers and retailers like Walmart don't survive on margin, they survive on volume. Customizable or highly developed products (like the Iphone) survive more on margin than volume.
This has been 9th grade economics. Return tomorrow for your next lesson.
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