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Post Info TOPIC: Negative Gross?


Veteran Member

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Date:
Negative Gross?


Just wondering how many of you are forced by corporate ad writers to run things on sale for less than they cost? Excluding Turkeys, still haven't figured that out!! 

 



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Veteran Member

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RE: Negative Gross?


every so often. it usually an obscure item. the mark up on bottom round flats and certain lunchmeat items take care of that.


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Veteran Member

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RE: Negative Gross?


Don't have to deal with that any more buy yes in the past with bi-lo. I hated the fish most of all, could never sell the stuff, put in case, reduce, throw in barrel



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Veteran Member

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RE: Negative Gross?


there was one store that did have an actual negative gross one month, a billing error brought it up to 9 % though


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Veteran Member

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RE: Negative Gross?


I work in a spartan store our ad group, on a weekly basis wil run at least one item and I mean a high tonnage item at a negative gross. Like chicken breast for 99 cents that cost 102 plus freight, or hams for 169 that cost 172 plus. Luckily I write my own meat ad and don't have to run them, but the spartan store up he road always does, and people ask for them in my store too!


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Veteran Member

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RE: Negative Gross?


This is nothing more than a loss leader. It brings the people in the store and may attract new customers. It is your job to display and push high gross items that go along with the loss leader to make up the difference.



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"A display with no sign is a sign of no display"



Veteran Member

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Posts: 643
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RE: Negative Gross?


ummmmm
Look at my post about our one day Ground Chuck Sale
So far 2 weeks in and we have lost $21k as a company on it
"but it get's people in the door"


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Joe Parajecki

Operations Manager/ Partner

Kettle Range Meat Company, Milwaukee WI

Member Meat Cutter Hall of Fame and The Butcher's Guild

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