Re:Amazon instructs New York workers “don't sign” union cards
by lozenge on Saturday July 16, 2022 @12:44PM
(#32119716)
That's a markup, not a profit margin. A profit margin is after all expenses, which a wholesaler doesn't know about.
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Re:Amazon instructs New York workers “don't sign” union cards
by makomk on Saturday July 16, 2022 @04:46PM
(#32121802)
Yeah, and I don't think it would be terribly unusual for 50% markups to translate to low-single-digit profit margins in cost-competitive retail sectors - those both seem like about the right ballpark overall. Retail has a lot of costs and wages are one of the big ones.