How much of a profit margin does Tesco work on?

Answer 1

Hi Hutch ..

Depends on the product & its' source I hear from a Tesco sub-manager mate.
You can have "loss-leaders", as in baked beans for 9p, or DVD players for £25.
They make a loss, but it gets folks into the stores to purchase loads more other stuff. Sad physocology on behalf of "the masses", really I am not easily conned, although the vast local Mr Tesco is handy
At the other end or this malarky, a margin of 40% is not uncommon with such stuff as clothing, and fancy cooking products. (50% on EV olive oil. for example)
The general rule of thumb, so I am informed, is to create an average of gross between 8 to 12 % at the tills, per annum.
Seasonal stuff, it is up, a dark Boxing Day is poor.

Happy shopping if you like & afford good stuff, or cheap & cheerful stuff at somewhere like ALDI !

Bob.

Answer 2

i did hear it was about 8-9% i am not sure i do know overseas they work at 2-3%

Answer 3

40% more if they can put there own name on it