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To: houeto; Toddsterpatriot
"Nope. Total worth of goods is 7.5%. Total number of items in the store is over 70%."
____________________________

Wow! 7.5% of Wal Mart's total purchases ($15 billion from China) takes up more than 70% of their shelf space. If their cost of goods sold is 75% ($197 billion in purchases vs $260 billion in revenue for 2004)that 70% of shelf space generated only about $20 billion in revenue - less than 8% of their total.

OTOH, purchases from American based suppliers totaled $137.5 billion in 2004 - (70% of total purchases). Pretty staggering numbers for retail when less than 23% of your shelf space generates $183 billion (70% of total) in revenue.

Wal Mart should immediately reduce their store size by 70% and become a much more profitable company.

Or, you could be wrong.
153 posted on 03/07/2005 2:02:39 PM PST by Mase
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To: Mase

Ouch, math hurts.


155 posted on 03/07/2005 2:05:34 PM PST by Toddsterpatriot (Protectionism is economic ignorance!)
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To: Mase

You all are arguing about Wal Mart when you ought to be looking at computers, and other electronics, including even the innards of DoD equipment and weapons systems. Is the Wal Mart debate a smoke screen, preventing substantive debate acout ICs, PCBAs, computuers, RF amplifiers, rare earth minerals, and the like?


157 posted on 03/07/2005 2:11:23 PM PST by GOP_1900AD (Stomping on "PC," destroying the Left, and smoking out faux "conservatives" - Take Back The GOP!)
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To: Mase
Wow! 7.5% of Wal Mart's total purchases ($15 billion from China) takes up more than 70% of their shelf space.

Shelf space?!? Now where in the sam hill did you come up with SHELF SPACE???

Talk about....Wow!

165 posted on 03/07/2005 2:21:43 PM PST by houeto ("Mr. President , close our borders now!")
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To: Mase
OTOH, purchases from American based suppliers totaled $137.5 billion in 2004

And another thing, where a supplier is "based" has nothing to do with where the products are made.

166 posted on 03/07/2005 2:23:31 PM PST by houeto ("Mr. President , close our borders now!")
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