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by londons_explore 1826 days ago
Grocery stores in the UK have shrinkage rates of 2% or so.

That includes theft, damaged items, and expired/unsellable food.

2% really doesn't sound bad, and I would guess is substantially lower than Amazon sees - especially considering estimates I could find suggest that the vast majority of that 2% is theft.

1 comments

One thing which makes 2% seem much worse for a grocery store is their thin margins.

The gross profit for just about anything at Amazon is going to astronomical compared to just about any food category.

Amazon's margins are in line with most supermarket chains.