VirtualLarry
No Lifer
- Aug 25, 2001
- 56,580
- 10,217
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Whether MC losing money on loss-leader items? Maybe.
I was just at my local Walmart at like 7:15 in the morning, and the associates were having a meeting in electronics. I overheard some numbers, like they made $30K profit, and were expecting to LOSE $218K during BF sales, but that they stressed trying to sell other items at full price to make up for the losses, and that sales would resume in Dec. too.
So I don't know if the mgr is un-informed, but it seems as though these stores actually DO lose money on cheap electronics on BF.
If MC is taking a loss on their everyday loss-leader CPUs, to get customers into the store, that wouldn't surprise me in the least.
I was just at my local Walmart at like 7:15 in the morning, and the associates were having a meeting in electronics. I overheard some numbers, like they made $30K profit, and were expecting to LOSE $218K during BF sales, but that they stressed trying to sell other items at full price to make up for the losses, and that sales would resume in Dec. too.
So I don't know if the mgr is un-informed, but it seems as though these stores actually DO lose money on cheap electronics on BF.
If MC is taking a loss on their everyday loss-leader CPUs, to get customers into the store, that wouldn't surprise me in the least.