the annoying thing
Well-Known Member
'Nail in the coffin': Grocer turned House lawmaker trashes Kamala Harris' price control plan
Rep. Michael Rulli, R-Ohio, whose family has owned an Ohio grocery store chain for over a century, weighed in on Vice President Kamala Harris' price control plan.
www.yahoo.com
!.5 percent profit wow giggles is right he's price gouging. O wait I was wrong the net claimed 2.2 percent profit of groceries .
2.2%
Conventional grocery stores have a profit margin of about 2.2%, making them one of the least profitable industries in the US. But they make their money by selling in large volume & multiple locations. However, stores in natural, organic, and gourmet niches tend to see bottom-line profit margins of closer to 5-10%
Clearly the retail outlets sure are making to much profit that is a Scandalis amount of profit. For sure she need to go after them .