JB HIFI Accounts show they have a 18% Gross Margin implying a 22% markup
Whether this includes rebates/marketing allowances I have no idea
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JB HIFI Accounts show they have a 18% Gross Margin implying a 22% markup
Whether this includes rebates/marketing allowances I have no idea
Rent 8% of revenue.Wages 8% of revenue.Other overheads 1%.Profit 1% of revenue.?
So profit/loss would be greatly influenced by the stock take.?
A few bad buys,and a bit of old stock, and your profit would evaporate.
SCY's latest result just shows what can go wrong in retail.
So back to Red/Blue sheds.From what I can understand,Blue sheds attract a good number of business people, buying stationery for their businesses.I do not see them wanting to line up in a Red shed que.
You might be right .... its just that I can't remember ever having seen queues in a blue shed. Lots of space, normally more staff than customers in the shed and yes, few customers around (I remember several times when I was the only one ...). And yes, while I am not a regular customer, I try from time to time (normally to find out that I get better product somewhere else). Always wondering how the blue sheds make money (if they do ;));
https://www.nzx.com/announcements/317411
Chief Operating Officer, Chief People Officer, Chief Digital Officer etc - fancy titles indeed.
Why is there no 'Chief Profit Growth Officer'? The company needs this executive than all the others combined!
Nothing new but all this restructuring in the paper. Good to see McKinsey involved
https://www.nzherald.co.nz/business/...ectid=12044037
Those top managers that survive the carry ons will definitely deserve their huge bonuses
Q3 sales
Quite a few minuses (ie sales going backwards) but all so encouraging and positive. Nick says the strategy is working. That’s good
All on track to get those big bonuses
http://nzx-prod-s7fsd7f98s.s3-websit...835/279025.pdf