[gundog]

So, what’s the typical profit margin for the essential retailers, like grocery stores? 5-6%? When losses exceed that, why keep the doors open? Are the stores in profitable areas (assuming other stores) supposed to carry the losers? People like to conjecture about the chaos of an EBT breakdown. What does it matter if there are no stores?

[lapsus calami]

 

 

Grocery stores, 2%. Enterprising individuals in my locale will periodically load up a shopping cart with beef like the Grinch's Christmas sleigh, barrel out the doors with it and get away. Enough people keep doing that it hurts the margin pretty good.