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View Diary: Understaffing is hurting Walmart, says equities research firm (176 comments)

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  •  We were discussing the percentage (0+ / 0-)

    of each additional dollar spent at WalMart that would be profit, which is variable depending on the specific product but is considerably more than 5%. I don't know where you are getting your numbers, but I've worked there and discussed profitability with the store manager. And know what the wholesale/retail price split is on some items.

    I never said or implied that every dollar in additional wages would be spent in-store. But it would only have to be something like one in ten to make that nickel per dollar paid.

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