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There’s a good Planet Money on this from NPR. They imply that the real profit is from not stocking fresh goods and other items that 1) spoil, 2) have lower marg
by ghayes 5y ago
There’s a good Planet Money on this from NPR. They imply that the real profit is from not stocking fresh goods and other items that 1) spoil, 2) have lower margins and 3) require employees to constantly restock. So they basically sell high-margin goods (negotiated in bulk) with absolute minimum costs. That’s it.
[0] https://www.npr.org/sections/money/2019/04/26/717665452/episode-909-dollar-stores-vs-lettuce https://www.npr.org/sections/money/2019/04/26/717665452/epis...