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That's less than 1% of Walmart's total sales. It's not a major loss for them. Especially when Amazon is offering many products at a much cheaper price-point. I
by heimatau 6y ago
That's less than 1% of Walmart's total sales. It's not a major loss for them. Especially when Amazon is offering many products at a much cheaper price-point.
I don't support either major retailer, I'm just providing context that within the given sales (and margin), it's barely a drop in the bucket to a problem for Walmart.
- cinjon 6y ago1% of sales for Walmart is ~3-4% of profit. That's huge.
- smabie 6y agoDude, 1% of sales is absolutely massive, especially as Walmart's profit margin (I assume), isn't the fattest.
- heimatau 6y ago>> 1% of sales It's 0.57% of sales [1]. I tried to find out how much in returns they deal with but...I suspect that returns is a higher number or at minimum comparable. [1] - https://www.supermarketnews.com/retail-financial/walmart-turns-lower-expected-earnings-q4-full-year https://www.supermarketnews.com/retail-financial/walmart-tur...