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My understanding is that most stores (especially grocery stores) basically make no money on sales...purely break even +/- a percent or two... all the actual pro
by TylerE 4y ago
My understanding is that most stores (especially grocery stores) basically make no money on sales...purely break even +/- a percent or two... all the actual profit comes from selling premium shelf space.
- a9h74j 4y ago> make no money on sales On the model of "make the profit on replacement parts," perhaps grocery chains should be buying hospitals chains to profit from all the unhealthy food they are selling.
- mtnGoat 4y agoMy best friend growing up, his dad ran grocery stores. He said they had a 3-5% margin across their offerings.
- lotsofpulp 4y agoAnd if you look at Costco, Walmart, Kroger, Albertsons, Target, Best Buy, etc 10-K reports, you will find the same profit margins.
- hammock 4y agoThe fact that a retail store buys their goods for half the retail price does not automatically mean they make a great profit