Here is what I found with a quick internet search for the average profit margin for groceries.
The average profit margin in grocery stores is between 1 percent and 3 percent. Conventional grocery store chains have an average profit margin of about 2.2%. This means that for every dollar of sale a grocery store has, they make 2.2 cents of profit. However, natural, organic, and gourmet stores tend to have profit margins in the 5-10% range. Grocery stores make money on volume, so they’re counting on customers to buy many items per shopping trip.
I’ve seen and heard it reported that grocery margins are razor thin and Kamrad Kamala’s whacked out idea of government pricing control would put us all in bread lines. It seems to me the only price gouging going on at the supermarket are the natural/organic items and those that go to gourmet stores, which are typically leftist liberal elites.
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