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Once Amazon sucks all the margins out of grocery, what are people to do when 3rd world countries are drop shipping food to American Customers in 10 years? How d
by supercanuck 6y ago
Once Amazon sucks all the margins out of grocery, what are people to do when 3rd world countries are drop shipping food to American Customers in 10 years? How do you return food to a paper shell company based in Montana?
yea no thanks. My trust in these companies is diminishing.
- Spivak 6y agoThere are margins in grocery? Walmart and Kroger put a pretty swift end to that.
- barbecue_sauce 6y agoWhile margins are low in shelf-stable grocery staples, profit on that side of the store is usually driven by volume and careful management of labor and process. Margins are also higher on private label goods, so promotional energy is spent on driving consumers to those products. At the store level, most grocery chains have started to increase their food service and perishable offerings, which traditionally have much higher (and more stable) margin which augments the profitability of any individual outlet.
- kube-system 6y agoI don't think there have been margins in grocery in my lifetime.