One thing to also note, is that grocery margins are tight after they give shareholders and c level staff hundreds of millions of dollars. In other words, if you’re not intent on making a profit and distributing that profit only to billionaires and friends, there’s plenty of space to subsidize costs even before accounting for tax breaks (which probably net even) and controlled rent factors.
People shouldn’t get wealthy off selling groceries while people go hungry.
That’s where rent control and tax breaks come in, as well as scale if you’re opening multiple stores. I’m not aware of a large non profit grocery chain.
One thing to also note, is that grocery margins are tight after they give shareholders and c level staff hundreds of millions of dollars. In other words, if you’re not intent on making a profit and distributing that profit only to billionaires and friends, there’s plenty of space to subsidize costs even before accounting for tax breaks (which probably net even) and controlled rent factors.
People shouldn’t get wealthy off selling groceries while people go hungry.
Not all grocery stores are corporate owned and they still have thin margins.
That’s where rent control and tax breaks come in, as well as scale if you’re opening multiple stores. I’m not aware of a large non profit grocery chain.