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jimfields33

(19,382 posts)

5. If you can't make money, you can't stay open

Reply to ret5hd (Reply #4)

Sat Jun 3, 2023, 08:30 PM

Jun 2023

Grocery stores especially only have a 2 percent margin. Start seeing theft and it goes to bankruptcy or worse. I’m not sure what the margins are for Walgreens, Walmart or target. But I’d imagine it’s single digit.

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Big name retail stores now targeted by gangs in organized hits: Investigators - ABC News [View all] ItsjustMe Jun 2023 OP

Just can't get that worked up about this. ret5hd Jun 2023 #1

You do know that stores are closing all over San Francisco and other cities due to theft. jimfields33 Jun 2023 #3

I've seen it reported that theft is the reason... ret5hd Jun 2023 #4

If you can't make money, you can't stay open jimfields33 Jun 2023 #5

Man, think how many businesses would close if... ret5hd Jun 2023 #6

I hate it if innocent people are hurt in the process, but as far as shedding a tear Chainfire Jun 2023 #2