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by fennecfoxen
2026 days ago
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> Doing groceries at Costo so money is not leaving the circle of big corps. Costco's net margin is ~2.6%, so the other 97.4% is leaving Costco for labor (notably well-paid for grocery stores) and whoever their suppliers are. Are they substantially different from your normal grocery store's suppliers? For that matter, is your normal grocery store itself different from Costco in some structural way that is meaningful to you? Perhaps you were previously shopping at a coop like San Francisco's Rainbow Groceries or New York's Park Slope Food Coop? |
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