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Walmart earns more than half of income on groceries
- patrickgzill 17y agoHalf of their revenue is groceries, not their income (what they earn on their sales). Grocery stores, and I am sure even Wal-Mart, operate on razor-thin margins. For many years A&P was considered the top dog to beat - their net profit margin was 1.06% (for every $100 in sales they made $1.06, in other words).
- timdellinger 17y agoLink to the whole story (not that much longer): http://online.wsj.com/article/SB10001424052702304252704575156043280712972.html http://online.wsj.com/article/SB1000142405270230425270457515...
- nfnaaron 17y agoYou have to come at it from google. Go here and click on the WSJ article from there: http://www.google.com/search?hl=en&q=%22Wal-Mart%27s%20Grocery%20Sales%20Expand%22 http://www.google.com/search?hl=en&q=%22Wal-Mart%27s%20G...