Comment on Anon delivers a prophecy
TeaWithDani@lemmy.world 5 days agoRetail stores make way less than that. Their margins are razor thin.
Comment on Anon delivers a prophecy
TeaWithDani@lemmy.world 5 days agoRetail stores make way less than that. Their margins are razor thin.
LwL@lemmy.world 2 days ago
You’re thinking of net profit margin. Gross profit margin will vary by item but 30% is a pretty normal amt there.
The most specific number I could find is best buy averaging 22-23%. Which is a bit lower but same ballpark.