I can't remember the source, but I recall from several months back that Woolworths' Metro stores have a gross margin of > 7%. (I think this was Banducci on 'Four Corners')
In the USA, Walmart, the largest retailer on Earth [including groceries] has a gross margin of 4.0%
"grocery margins aren’t super high"
I can't remember the source, but I recall from several months back that Woolworths' Metro stores have a gross margin of > 7%. (I think this was Banducci on 'Four Corners')
In the USA, Walmart, the largest retailer on Earth [including groceries] has a gross margin of 4.0%
Quite a variance.