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Table: Wal Mart Changes Retailing's Economics


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TABLE: Wal-Mart Changes Retailing's Economics

COMPANY SELLING, GENERAL, AND

(LATEST 12 MONTHS) ADMINISTRATIVE COSTS

AS A PERCENTAGE OF SALES

WAL-MART 15.8%

CIRCUIT CITY 19.0

KMART 22.2

CALDOR 24.4

BRADLEES 29.4

FEDERATED DEPT. STORES 33.3

DATA: BLOOMBERG FINANCIAL MARKETS, BUSINESS WEEK


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