[adventured]

Walmart has 3% net income margins; Costco has 2% net income margins; Target has 3% net income margins; BestBuy in its best days had 4% net income margins. By that premise, nobody should have ever built grocery stores or most retail outlets.

[rayiner]

Retail is far less capital intensive. WalMart generates almost 6x the revenue per dollar of invested capital as Verizon.