4 ms·
OTOH, $800K/month gross is probably less than what your grocery store does.
by joebananas 16y ago
OTOH, $800K/month gross is probably less than what your grocery store does.
- ahi 16y agoWalmart Stores U.S. averages $5.7m/month gross per store. Years ago I worked at a tiny CVS that routinely hit 50k in a week.
- wallflower 16y agoRevenue figure comparisons are not meaningful if the gross margins are not similar. For most grocery stores, the profit margin is around 2-3%. In other words, if someone steals a pack of cigarettes they have to sell $200 of groceries to make up the loss.
- coliveira 16y agoSoftware revenue margins (particularly web services) is much higher than the margins enjoyed by your local supermarket.