> Yeah margins in groceries are great.

On some definitely are. At least in Canada grocery stores can get better margins by not selling prunes which go from green to dry (or rotten) hile on shelf. Various fruits are sold at loos and I see why.

At the same time I don't think kind-of AAA beef sold for $55-$110CAD has bad margins.

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KingOfCoders 6 days ago | parent [-]

Everything in groceries has bad margins. Grocery shops are not making the money, food conglomerates are making the money if you look at earnings.

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bad_haircut72 6 days ago | parent [-]

Small grocery stores are going bankrupt, larger chains now all are becoming food conglomerates who also own the point of sale - so called "private label" is noted as a huge threat in the shareholder reports of traditionally large food companies - go to a whole foods, aside from a few high profile products like CocaCola its all in-house brand products

	▲	KingOfCoders 6 days ago \| parent [-]
		What kind of margin are we talking? e.g. Walmart groceries? I can't imagine it being >5%