[houeto]

Total goods at WalMart only 7.5%.

Nope. Total worth of goods is 7.5%. Total number of items in the store is over 70%.

[Toddsterpatriot]

Total worth of goods is 7.5%.

Finally, someone gets the math.

Total number of items in the store is over 70%.

Source?

[Mase]

"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.