Stores loose money on Boxing Day sales?

[paddyob]

Originally Posted by zulu_principle

You guys have figured out the secret.....

Its a license to print money.....right Ken.

MarkoD.... your awesome we should be partners....feed and keep the water nice and clean and you can keep everything alive, including achilles tangs...your the king.

Boxing Day is a sales day....we discount to get volume both online and in the store...Do we lose money...on sales over COGS, no but come on, think of your power bill...and think of how much water we have...

With live inventory this is an extremely difficult industry....and an even more difficult business model when everything i have has a unique sku.

All retailers value customers please come to our store soon.

Merry christmas and Happy New Year to All....



Wendell

Don't all retailers use separate skus on products?

That seems like an everyday practice for any retailer.


Good post though asides from my above thought.

I can see your side. Tanks galore.