Grocery stores operate on about a 2 -4% margin of profit.
Worse gig than selling gasoline.
(I've sold em both) That's why it was so RIDICULOUS when Kammie was gonna "Price Control" the gouging.
I remember working for a grocery store 15 years ago. Mark up was a conservative 2.5% and management celebrated the yearly net profit of 1.5 million after all the bills were paid. Until places like the dollar tree lower their price back down, nobody will follow the lower price trend. In rural areas grocery stores have a 8x+ markup because of costs that include higher delivery, and the inability to buy bulk amounts at a lower price point. Greater chance of waste from unsold food. Consequently rural grocery stores loos business to customers who travel 40 miles to stock up, or go to dollar general instead. If the government subsidize grocery stores like they do public education, or other programs it could be more affordable, or become quickly corrupted. It a nutshell that would be communism, and I think trumps end goal is to stop tax payer communism. I also remember when Trump prevented price gouging. He also funded food pantries who were giving out a month supply of food.
Through 1/29/2025, 85 DEIA related contracts totaling ~$1B have been terminated within the Dept. of Ed, GSA, OPM, EPA, DoL, Treasury, DoD, USDA, Commerce, DHS, VA, HHS, State, NSF, NRC, NLRB, PBGC, USAID, RRB, SSA, SBA, BLM, CFPB, NPS, and NOAA.
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