Originally Posted by
SylvesterCat
lol, you never have to apologise for that - I'm only one of many opinions, lucky enough to have an outlet for them, and I'm simply not that good anyway!!
Any you are correct about the cost structure - I did a quick comparison with other retailers (eg, Briscoes) as part of my research for this column, and their ratios (apart from gross margin) look very different. So you're bang on.
the thrust of my point was that they have to keep changing - regardless of what challenges they face from unions and other vociferous stakeholders.
PAZ - probably not, feel like I don't know enough about them yet...but you never know :-)!