4 ms·
If you want to get specific... let's take Kroger, one of the largest grocery chains in the US. Their typical net profit margin is in the 1-2% range. I'd wager
by dnissley 2y ago
If you want to get specific... let's take Kroger, one of the largest grocery chains in the US.
Their typical net profit margin is in the 1-2% range.
I'd wager that in 10 years (2034) we won't see that go up substantially -- that it will not regularly be reported to be greater than 2%.
If Kroger is able to do what you're alleging is possible, what do you bet their profit margin will be at that time?
- kelseyfrog 2y agoI think a grocers could absolutely do the online ordering and pickup/delivery space where prices could be tailored to individual consumers and there was market dominance. Sorry, I don't have the data to give a figure. I'd have to build the model, and have a complete transaction record dataset.