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To: Vermont Lt

“Kroger, the largest chain that isn’t Walmart or Costco has a profit margin of 22%. “

Kroger’s net profit (Nov 2023) was 1.9%, not 22%.


28 posted on 02/15/2024 9:21:45 AM PST by Wuli
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To: Wuli
“ Kroger’s net profit (Nov 2023) was 1.9%, not 22%.”

That makes more sense. I have always heard that grocery stores operate at a 1-2% profit margin.

50 posted on 02/15/2024 9:49:28 AM PST by circlecity
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To: Wuli

Milk is typically sold at or below cost as a LOSS LEADER.

Hence, this is why they always put it in the back corner of the store. So, that you hopefully buy something else that they make money on.

FYI, I bought chicken leg quarters on sale this week at Market Basket in NH for $.79/pound. This is equivalent to pre covid pricing.


57 posted on 02/15/2024 10:28:34 AM PST by woodbutcher1963
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To: Wuli

DEMOCRATS ONLY KNOW HOW TO LIE.


60 posted on 02/15/2024 10:33:33 AM PST by ridesthemiles
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