2 ms·
Grocery stores traditionally or supposedly only make 1% to 3% profit. These days it's probably 1%. So I'd say 1% is a lot if it's the thing keeping the company
by dghughes 4y ago
Grocery stores traditionally or supposedly only make 1% to 3% profit. These days it's probably 1%. So I'd say 1% is a lot if it's the thing keeping the company from going under if that income disappears.
- fwungy 4y agoYes, but food is incredibly popular and buying it the most popular way to get it, so they're making a small margin on good volume.