| ▲ | avazhi 13 hours ago | |
> You'd admit that large grocery chains do have high profits right? Even with "razor thin" margins. Large grocery outlets do love to claim that their margins are razor thin yet somehow each of them are some of the wealthiest in the nation. How can that be if they are so good for the customers? No, grocery chains don't have high profits. https://www.economist.com/business/2026/07/20/dont-blame-sup... "First, consider margins. These are often wafer-thin. American supermarkets like Kroger and Albertsons collected just 1% of their sales in operating profits last year. Even Walmart, with its 4% margin, hardly looks like it is milking customers. It is a similar story in Britain and France, with margins only a little fatter in Australia and Canada. The real cream has traditionally been elsewhere in the supply chain, such as with the big food manufacturers. Over the past decade the average operating margin across General Mills, Kraft Heinz, Mondelez and PepsiCo has been 13%." Do you know what an operating margin is? If you don't you can easily find out. Your comment is wrong in its entirety and you could have very easily discovered this before subjecting others to it. "yet somehow each of them are some of the wealthiest in the nation." Who even knows what on earth you meant by this. Some of the wealthiest what, businesses? That's something certain large grocers and some other businesses get with scale - it doesn't mean a business necessarily has 'high profits,' which was your entire thesis. Looking at your comment history, you have a tendency to state things with a high degree of confidence when you often know very little about them. You should strive to do better - perhaps research and read more and type less. | ||
| ▲ | 4 hours ago | parent [-] | |
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