Paul Meisel

Gap's Employee Productivity Lags its Peers

You need say no more, but you could either divide or type a little better. Maybe you mean 350 million per store? If they could sell $3.5 billion per store... wow!

Gap's Employee Productivity Lags its Peers

I think there are some significant pieces of data missing from this "analysis":

What about part time people, who make up a significant portion of retail sales? What about a comparison of labor costs to revenues and profit? What about the number of outlets, compared to the number of employees and the total payroll?

There may be something wrong, and the previous commenter is on to something from what I have heard from some retail friends... but the statistical comparison in the post is just an interesting beginning. The ratio may say more about the numerator (revenue and margins per store) than the denominator.

My own industrial engineering experience has led me to one understanding: you can't save money fast enough to be profitable in a business where revenue and margins are shrinking.