Large retail margins: the terrible deception !?

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Large retail margins: the terrible deception !?




by Christophe » 10/07/12, 19:09

Passed on the FR2 news a few days ago, or how the unions of the large distribution and their accomplices, the media, voluntarily confuse pre-tax margins and profits (when they pay ...) ...

So in this study the margin (net understood) would be the gross margin minus expenses (including, all operating costs ... including salaries ...) ... not bad as a nice spin, go ahead I fly the consumer...

In short what does the CSA ????

An article on the subject of net margins ...

http://www.challenges.fr/services-et-di ... ettes.html

Attacked last summer on the level of their gross margin, the major retailers respond via a study that reveals an average net margin in the sector of only 1,4%.


... and on that of the gross margins:

http://www.lexpress.fr/actualite/econom ... 06868.html

The large distribution margin: "between 30 and 50%"


In short it is like negative growth, must speak of net margin instead of profit ...

Official publication: http://www.fcd.asso.fr/actualites/article/id/26
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by Alain G » 10/07/12, 19:36

Hi Totophe!

A net margin of 1,4% is not that much since it does not include the investment that merchants must make to stay in the race!

Waltsmart is already taking more with 2% and more if I remember correctly!
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by Obamot » 10/07/12, 20:37

Then we are surprised at the bankruptcy of small traders!

In any event, I absolutely do not believe in these figures.

Question: in today's society, where are the woolen stockings hidden?

Answer: in tax havens that still remain, such as Lichtenstein.

How do they do?
For example with trademark law!
(But it can be other equally legal fees ...)
It's very simple: you create a foundation there. You deduct 3% on all sales that are donated to the foundation. This therefore constitutes a charge, which is not taxable.
It is completely legal, since that pays rights on the mark, as at Ikéa:
http://inter.ikea.com/en/governance/int ... oundation/

Whose foundation is called Interogo (which belongs, because it is totally controlled, thanks to clever assemblies, by its founder and owner ... Ingvar Kamprad.

At least 15 billion evaded from the tax authorities since .......>
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by plasmanu » 10/07/12, 21:24

It's not too much of a subject, but:

With the numbers you can say anything and anything.
Just attend a sales briefing to understand
: Cheesy:
The brainstorming above imagines mind-blowing things
"everything is for the best in the best of all possible worlds"
"increase in turnover objectives from +5 to 10% on n-1" (not your pay)
"Crisis, which crisis!!!"
"The solutions: Sékomssa (pissétou)"

With 1.5% margin, how do we make balances from -50% to -80%
Huh huh
Overnight: the second article ditto free ...
: Shock:
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by moinsdewatt » 10/07/12, 21:49

Christophe wrote:Passed on the FR2 news a few days ago, or how the unions of the large distribution and their accomplices, the media, voluntarily confuse pre-tax margins and profits (when they pay ...) ...

So in this study the margin (net understood) would be the gross margin minus expenses (including, all operating costs ... including salaries ...) ... not bad as a nice spin, go ahead I fly the consumer...

In short what does the CSA ????

An article on the subject of net margins ...

http://www.challenges.fr/services-et-di ... ettes.html

Attacked last summer on the level of their gross margin, the major retailers respond via a study that reveals an average net margin in the sector of only 1,4%.


... and on that of the gross margins:

http://www.lexpress.fr/actualite/econom ... 06868.html

The large distribution margin: "between 30 and 50%"


In short it is like negative growth, must speak of net margin instead of profit ...

Official publication: http://www.fcd.asso.fr/actualites/article/id/26


It 's funny to see how you are overwhelmed on this kind of subject.

Fortunately, the gross margins are high, how would you pay the staff and all the operating costs if not?

It is even worse in the field of commercial aviation.

The net margins (net profits) of IATA companies are very low. Even more base than in the trade.

Sharp drop in profit for IATA member airlines for 3 years:
15,8 billion in 2010
7,9 billion in 2011
3 billion dollars in 2012, for 631 billion dollars in turnover, or 0.5% margin.

Estimated losses for European companies in 2012 at $ 1,1 billion.
Even companies in the Middle East are suffering from the European crisis with only 0,4 billion profits expected in 2012, against 1 billion in 2011.


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by elephant » 10/07/12, 23:13

Please note that the salaries of the executives and any golden parachutes are part of the costs!
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by Christophe » 10/07/12, 23:20

Minusdewatt I don't fall for the clouds (thank you), what I would like is that we stop making fun of the world by using inappropriate terms because in the report of France2, I forgot to specify it above: l adjective "net" or "gross" was omitted ...

So to say that the great distribution at 1.4% is false bullshit!

We must talk about profit and not margin (net after tax or gross before) ...

elephant wrote:Please note that the salaries of the executives and any golden parachutes are part of the costs!


Exactly...

So if we do the same calculations with the others, there are a lot of companies that are "marching negatively" especially at the moment ... but marginalizing very positively on their sales (logical because off balance we always margin positively). .

This is the manipulation of lobbies that must be denounced!
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by Obamot » 10/07/12, 23:23

If it was the only one ... : Cheesy:

But you will always be told:
"And the risk of the entrepreneur!" What do you do with the risk ...? ”

At 15 billion diversions, I am willing to take the risk! : Mrgreen:
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by Philippe Schutt » 11/07/12, 10:05

These are margins on turnover. Reduced to the invested capital, it is rather 10 to 15%.

But 30% to 50% is much more than the suppliers' margin. For example, I looked at the balance sheet of an industrial hardware store in Strasbourg. The turnover was 25% higher than the amount of merchandise purchases. This 25% was enough to pay the whole structure, the salaries and still make a little profit.
So say that large retailers are driving prices down ... blah
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by Macro » 11/07/12, 10:39

Frankly, you would be traders, crowds would hustle at your place to empty your shelves all day long without doing anything other than advertising bludgeoning .... What would you do ??? You would lower your prices ???

The seller does only one thing to adapt to the demand and requirements of the buyer ...

Personally I buy vegetables direct from the producer when I come back from my job (a market gardener who has set up self service refrigerated cabinets that he supplies himself) the prices are only 10 to 20% lower than the large distribution (qu '' it continues to feed via two or three intermediaries) ...

I start from a principle in terms of trade if the price or the quality does not suit me: I do not buy

The distributor is no more a trickster than any of us ... It's just that he adapts to his consumers ...
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