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masraum masraum is online now
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Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 57,127
Quote:
Originally Posted by wdfifteen View Post
There is really no correlation between gross retail receipts, profit, and compensation. Retail often works on extremely thin margins, sometimes 1 or 2%. What's 2% of a million dollars?
Really, 1-2%? That seems extra low. I have no idea what the margins were when I was in the auto parts business, but I do know that when I was in college and working in a grocery store that they usually made 4%, and they had once hit 10% and that was such a big deal that they had shirts made for all of the employees.
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Steve
'08 Boxster RS60 Spyder #0099/1960
- never named a car before, but this is Charlotte.
'88 targa SOLD 2004 - gone but not forgotten
Old 07-18-2018, 06:50 PM
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