the annoying thing
Well-Known Member
Biden administration demanding price cuts from grocery chains: ‘He will call you out’
Biden’s pitch for lower supermarket prices comes ahead of the Democrat’s November bid for re-election.
nypost.com
Joe forgets why the prices are up to start with Biden economy,
Biden need to first think about all the expenses involved that the grocer has no control over such as the farmers cost which is passed along this includes the cost of taxes on land and eqt labor maintenance and fuel and interest rates.
Next you have transportation which is mainly by semi today again labor cost have gone up duel etc.
All of that effects what the grocery store is charged to start with .
Next something the MEAT head Joe has forgotten is what kind of profit are the grocery making to start with .
Well the average grocery store makes a whopping 1 to 3 percent profit. Sorry but dead from the neck up Joe is clueless .
What Is the Profit Margin for a Supermarket?
What Is the Profit Margin for a Supermarket?. Although Americans spend about 10 percent of their income on food, supermarkets and grocery stores don't make much off of each customer's bill. However, some items in a supermarket can have a huge margin. Over
smallbusiness.chron.com