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Big, successful grocery stores operate on a 3% margin. It’s mostly a commodities business. Doing all that alone could entirely wipe their profit.
by devilbunny 27d ago
Big, successful grocery stores operate on a 3% margin. It’s mostly a commodities business. Doing all that alone could entirely wipe their profit.
- zikduruqe 27d agoAnd my local grocery store sponsors Indycar racing and has a track they sponsor. They also throw away produce that looks bad, although it is perfectly edible. I am not going to cry because the CEO cannot afford a yacht payment next month.
- devilbunny 27d agoYes, they advertise. And they discard things that will not sell. That is what businesses do. Most of them try to sell it for a lower price first.