Doesn't that also count the investment losses they made last year, the cost of gobbling up other companies, the interest from the debt they acquired with previous expansionary practices, etc?

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kasey_junk 4 days ago | parent [-]

Sure, but you can run the numbers for basically every grocery in America. The industry considers 3% margins to be outstanding.

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hansvm 2 days ago | parent [-]

That reads more as an indictment against hyperscaled grocers than an argument that the current price gouging is unavoidable.

	▲	kasey_junk 2 days ago \| parent [-]
		You can get the same numbers out of small scale grocers too. It’s a brutal retail business with low margins and easy replacement. It’s probably the last industry I’d look to for price gauging accusations. The typical argument against monopoly grocer situations is that they are problematic for how they deal with _vendors_ not customers.