Teknevra@lemmy.world to News@lemmy.worldEnglish · 18 hours agoZohran Mamdani is pushing for New York City-run grocery stores. Here's what he envisions.www.cbsnews.comexternal-linkmessage-square67fedilinkarrow-up1556arrow-down15
arrow-up1551arrow-down1external-linkZohran Mamdani is pushing for New York City-run grocery stores. Here's what he envisions.www.cbsnews.comTeknevra@lemmy.world to News@lemmy.worldEnglish · 18 hours agomessage-square67fedilink
minus-squareBombOmOm@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down9·edit-215 hours agoThe other commenter brought up Kroger. A grocery store that operates on a 1.5% profit margin. That’s not true I don’t know what to tell you. 1.5% profit margin is razor thin. There isn’t anything to cut for the private stores or the government stores.
minus-squarepelespirit@sh.itjust.workslinkfedilinkarrow-up4arrow-down4·14 hours agoWhat I’m saying is, they need to prove that because all that I’m saying is true.
minus-squareBombOmOm@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down8·edit-214 hours agoKroger is a public company, the presented numbers are their financials. Everything you mention is part of how they squeeze out a measly 1.5% profit margin. There isn’t much to cut for the private store or the government store.
The other commenter brought up Kroger. A grocery store that operates on a 1.5% profit margin.
I don’t know what to tell you. 1.5% profit margin is razor thin. There isn’t anything to cut for the private stores or the government stores.
What I’m saying is, they need to prove that because all that I’m saying is true.
Kroger is a public company, the presented numbers are their financials. Everything you mention is part of how they squeeze out a measly 1.5% profit margin. There isn’t much to cut for the private store or the government store.