this company for 5 years --I don't have a position and I will never have one. The grocery bus. is based on the slimmest of margins and with rates likely to go up soon along with increasing inflation and big box stores even struggling ...I see no way for SVU to survive period. And if someone is interested they will wait until this proves itself out. I am not a shortie.
You don't know the grocery business. That slimest margin you talk about is turned over so many times; many items are turned over daily. Take an item that has a 3% markup and multiple it by 365 days = over 1000%. The average markup on groceries is 3 to 6%; beer, wine, liquor, non-food products, and health & beauty aid much much more. As for the big box stores, there is enough room for everybody when it comes to groceries.