Home Depot stocked shelves with empty boxes in its early days

Re:Home Depot stocked shelves with empty boxes in its early ... by lotsofpulp on Friday June 08, 2018 @05:43AM (#17263927)

I don't see how that claim can be made unless you know the ins and outs of Macy's cost and revenue structures. Also, from various articles, flagship stores famously lose money due to exorbitant rent and are actually marketing expenses.

Considering the fact that retail store equity prices aren't high growth and they shut more stores than they open, I would bet that they are under considerable pressure to contain costs as people will just shop online or another department store.

The only retail that can afford to pay their employees a professional wage is probably the super high end like Zegna or Hugo and the like.

Found an article talking about Macy's financials: https://www.nytimes.com/2017/08/11/business/dealbook/retail-...

There's no way commodity retail that caters to middle and lower class can be profitable with highly paid employees, you just won't move enough product. The fact that there isn't a chain that exists with that model is proof.

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Re:Home Depot stocked shelves with empty boxes in its early ... by thaumasiotes on Friday June 08, 2018 @05:35PM (#17269906)

> flagship stores famously lose money due to exorbitant rent and are actually marketing expenses

That makes Macy's look much worse; show me the store commercial where a customer walks into the store only to be stymied by the staff's inability to understand the local language.

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