3 ms·
Revenue 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,
by wallflower 16y ago
Revenue 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.