The Profit
| Use attributes for filter ! | |
| First episode date | July 30, 2013 |
|---|---|
| Networks | CNBC |
| Presented by | Marcus Lemonis |
| Executive producer(s) | Amber Mazzola |
| Cast | Marcus Lemonis |
| Mar 12, 2019 | |
| Reviews | www.imdb.com |
| Genres | Reality Show |
| Origin releas | July 30, 2013 –; 28 september 2021 |
| Related shows | The Partner |
| Episodes | EpisodesS08 E08 · Raise the RoofSep 28, 2021 S08 E07 · Claws and EffectSep 21, 2021 S08 E06 · A New Leash of LifeSep 14, 2021 View 45+ more |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1086698 |
About The Profit
Being the chairman and CEO of multibillion-dollar corporation Camping World takes up a lot of Marcus Lemonis' time. But when he's not running the company, he's searching for struggling businesses in need of cash. Lemonis tries to help turn each company around by offering cash for a piece of the business and a percentage of the profits. Now he's bringing that process to TV with this series, in which he puts millions of dollars of his own money on the line. Once he's working with the company, he does whatever is necessary to save the business and make a profit for himself -- even if it means firing the president. Although some of his changes could be considered radical, the companies should be willing to go along with them because in the last 10 years, Lemonis has successfully turned around more than 100 companies. To quote the not-so-humble Lemonis, "When I have skin in the game, my way is the only way your business will survive." … MORE
Dr Martens shares plunge after profit warning
... The Profit warning saw shares plunge by almost 25% early on Thursday...
Sam Altman: What on earth is happening at OpenAI?
... The Profit side would be led by the non-profit side, and there would be a cap imposed on the returns investors could earn...
Petrol retailers should cut price by 5p a litre, RAC says
... It also said The Profit on unleaded was double the average the supermarkets had been making since 2012...
Lawsuit accuses Abercrombie & Fitch of funding sex-trafficking operation
... The lawsuit accuses Abercrombie executives of turning a " blind eye" to his conduct because of The Profit he generated for the company having transformed it from a failing retailer into a billion-dollar brand...
Workers on voluntary Real Living Wage see 10% pay rise
... The alternative was to improve productivity by investing in technology, products, marketing, skills and management, and then using The Profit generated to increase wages, he said...
Fuel price rises push up cost of full tank by around £4
... But the RAC, representing drivers, said fuel retailers were not increasing The Profit they were making...
Supermarkets under pressure to explain high prices
... They have suggested that retailers may be failing to pass on savings and are banking The Profit instead...
U-turn over MP's cancelled Edinburgh Fringe show
... " The event will now go ahead as originally planned and The Stand has said it will donate its share of The Profit from the event to the Edinburgh Food Project charity...
Fuel price rises push up cost of full tank by around £4
Motorists faced a " shock" in August after fuel price rises that were among the biggest in More Than two decades, the RAC has said.
Petrol prices rose nearly 7p per litre, pushing up the cost of filling a tank by £3. 74.
Diesel went up 8p, making filling a tank cost £4. 41 more, the motoring organisation said.
But the RAC, representing drivers, said fuel retailers were not increasing The Profit they were making.
" August was a big shock to drivers as they had grown used to seeing far lower prices than Last Summer 's record highs, " said the RAC's fuel spokesman Simon Williams .
But He Said a recent investigation by The Competition regulator appeared to be making retailers more cautious about raising prices further than necessary.
" They have clearly been influenced by The Competition and Markets Authority's investigation as, all of a sudden, margins are Once Again closer to their longer-term averages, " Mr Williams said.
A CMA investigation earlier this year found that weak competition meant supermarket margins on fuel had increased, resulting in extra costs for drivers. As a result to allow motorists to compare live fuel prices online.
Mr Williams said he believed retailers were using August's rise in the wholesale cost of fuel to " subtly cover their tracks" because reducing prices at the pumps immediately following The Competition investigation would have been " far too obvious a step".
UK pump prices rose steeply during 2021 and The First half of 2022, driven by Russia's invasion of Ukraine. Prices Fell Back in late 2022 and The First half of this year, before this recent uptick.
Earlier this year Opec+, The Group of oil-producing nations which meets regularly to determine whether to increase or decrease production, agreed to reduce supply. As a result the oil price has risen by nearly $12 a barrel to nearly $87.
The average price of unleaded petrol was 152. 25p at The End of August. A litre of diesel cost 154. 37p.
The RAC said the petrol price rise was the fifth largest monthly rise for 23 years, exceeded by a steep rise in October 2021 as the global economy reopened after the pandemic and three sharp monthly rises in early 2022 after Russia invaded Ukraine.
Diesel's monthly rise was The Sixth largest in The Past 23 years.
How To save money on petrol and dieselRelated TopicsSource of news: bbc.com
The Profit Photos
