[rb22982]

1/4 of 1% of labor costs is about 1/40th of 1% of the total costs. You are right that margins in grocers are typically on the low end but they have improved in recent years. We're at over 6% for example.

You can say whatever you want--the reason people are cutting back is sales are down. Our comps went from +7 to -6% in about half a year. Many other retailer segments are FAR worse. That is before backing out inflation also. Even Walmart's comps were down if you factor inflation into the equation.

[WOSG]

“You can say whatever you want—the reason people are cutting back is sales are down.”
I never said otherwise. but your sales are down due to dimmin prospects overall, prospects that have gotten dimmer because we have Pelosi running the economy into a ditch with more regulation, taxation and deficit spending.

OTOH, folks like restaurants and others, where labor is more like 1/3 of total costs and which do rely on low wage employees DO get hit by minimum wage directly. It kills jobs, definitely.