Because you are giving away up to 40% of every dollar spent in a big box retailer for no food, no service and no merchandise! This money goes just to pay their overhead!!! Not convinced? Read on!
Big box retailers like, Kmart, Walmart, Target, Sears, JC Penny's, Macy's and even big box grocery chain stores, all have a secret!
IF THE ABOVE SEEMS ALIEN TO YOU, IT SHOULD! UNLESS YOUR IN UPPER MANAGEMENT OF A MAJOR CORPORATION, YOUR A STOCK BROKER OR YOU WATCH A LOT OF FINANCIAL NEWS, THE ABOVE TERMS MAY SEEM LIKE THINGS PLUCKED FROM A STEVEN KING NOVEL.
COGS = COST OF GOODS SOLD GOGS = GROSS ON GOODS SOLD
EBITA = EARNINGS BEFORE INTEREST, TAXES AND AMORTIZATION
NP = NET PROFIT GP = GROSS PROFIT WS = WALL STREET
Every big box retailer has overhead. Starting with ADVERTISING. Those colored inserts that you get in your Sunday paper. The local black & white ads that run most weeks in your local paper. TV, RADIO and BILLBOARD ADVERTISING, all add up to MILLIONS of dollars, just to get you to the store!
Big box retailers must have adequate parking. This means big money for, BLACKTOPPING, SWEEPING, STRIPING, AND MAINTAINING THE PARKING LOT.
Big box retailers pay anywhere from $3.5 to $7.5 Million Dollars just to have their store built! After it's built, the combined real estate taxes can reach over $10,000.00 per year!
Counters, gondolas, shelving and special signing, over a $1 million Dollars per store!
Store lighting inside and out 12-24 hours a day!
100 TO 150 SHOPPING CARTS PER STORE THAT COST $77.00 TO $110.00 EACH
Floor contractors who sweep, mop, strip the floors and wax .
Management payroll for: assistant managers, Store Managers, District Managers, Regional Managers, Corporate managers, and of course The Board of Directors, and THE CEO!
And what big box retailer would not offer all of these management folks, (BONUSES)! Don't forget, the poor hourly associates who struggle on minimum wage, 50 or so in each store! They still have to get paid.
Refrigeration Units 24/7
Warehouse Workers
HVAC Units i.e., Heating, Ventilation and Air Conditioning
PILFERAGE!
Fleet Service for trucks and leased vehicles
SPEARS' IS A LARGE VOLUME AUCTION FACILITY. WE HAVE PURPOSELY KEPT OUR OVERHEAD VERY LOW, IN AN EFFORT TO PROVIDE THE VERY BEST PRICES AT AUCTION FOR OUR CUSTOMERS. AT SPEARS AUCTION, YOU DETERMINE WHAT YOU WANT TO SPEND ON AN ITEM, VIA THE BIDDING PROCESS. TRY THAT IN A BIG BOX STORE!!
BEFORE YOU HEAD BACK INTO THAT BIG BOX STORE, ONLY TO LOSE UP TO 40% OF YOUR BUYING DOLLARS IN OVERHEAD, WHY NOT GIVE SPEARS AUCTION A TRY?
IF YOU AVERAGE $90.00 PER WEEK AT A BIG BOX RETAILER, YOUR SPENDING $4,680.00 A YEAR THERE. IF YOUR LOSING 40% OF THIS MONEY ($1,872.00) JUST TO PAY THE STORES OVERHEAD, AND GETTING NO FOOD, NO SERVICE AND NO MERCHANDISE FOR YOUR $1,872.00, THEN CONSIDER THIS:
IF SPEARS AUCTION COULD PROVIDE YOU WITH MOST OF THE ITEMS YOU CURRENTLY BUY AT THE BIG BOX RETAILERS, FOR LESS MONEY ( TOH $1,872.00) THAN YOU ARE NOW GIVING YOUR BIG BOX RETAILER FOR ABSOLUTELY NOTHING, WOULD YOU SEE ANY REASON WHY SPEARS AUCTION COULDN'T HAVE YOUR BUSINESS TODAY?
ADVERTISING, TV, RADIO and BILLBOARD ADVERTISING, BLACKTOPPING, SWEEPING, STRIPING, AND MAINTAINING THE PARKING LOT, $3.5 to $7.5 Million Dollars just to have their store built!, combined real estate taxes - over $10,000.00 per year, SHOPPING CARTS THAT COST $77.00 TO $110.00 EACH, Counters, gondolas, shelving and special signing, over a $1 million Dollars per store, Store lighting inside and out, sweep, mop, strip the floors and wax , Management payroll for: assistant managers, Store Managers, District Managers, Regional Managers, Corporate managers, and of course The Board of Directors, and THE CEO! (BONUSES)!, hourly associates who struggle on minimum wage, Refrigeration Units 24/7, Warehouse Workers, HVAC Units, Fleet Service for trucks and leased vehicles, PILFERAGE!
