Dude, 1% of sales is absolutely massive, especially as Walmart's profit margin (... | Hacker News

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		smabie on July 28, 2020 \| parent \| context \| favorite \| on: Rite Aid deployed facial recognition systems in hu... Dude, 1% of sales is absolutely massive, especially as Walmart's profit margin (I assume), isn't the fattest.

heimatau on July 28, 2020 [–]

>> 1% of sales

It's 0.57% of sales [1]. I tried to find out how much in returns they deal with but...I suspect that returns is a higher number or at minimum comparable.

[1] - https://www.supermarketnews.com/retail-financial/walmart-tur...

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