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Costly events occurred… so costs went up. Best Buy’s profit margin hovers around 3% and Target’s around 4%, they’re not raking in money.
by benced 2y ago
Costly events occurred… so costs went up. Best Buy’s profit margin hovers around 3% and Target’s around 4%, they’re not raking in money.
- rsanek 2y agolow net profits margins are simply how retail works, it's not news that retail requires scale. and in fact both target and best buy did see record profits shortly after the pandemic started.