Quote:
Originally Posted by Mutt
Grocery stores operate on slim profit margins - i thought it was 2% not 1% - but it's a volume business and that slim profit margin doesn't apply to all the side shit, kiosks they have these days.
AND that doesn't count the HUGE money food and beverage companies pay for shelf space or more shelf space or better located shelf space. Try being a small new food company and getting any shelf space in a chain grocery store. They want to see the color of your money.
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Actually all of that money is calculated into the profit margin. The shelf space money and rebates etc are how they sell coke for $2/12 pack when they're paying $3/12 pack for it from coke.
Most of these chains are public companies so you can read their financials if you want, and their net profit is going to be 1% of sales, give or take a tenth or two.....with all of that stuff included.
Quote:
Originally Posted by Oracle Porn
buying food at walmart is ghetto. do you guys buy your clothes at walmart too?
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Sometimes I do. I guess I'm not snobby enough for you, sorry about that.