Newsgroups: ont.general
Path: utzoo!lsuc!eci386!woods
From: woods@eci386.uucp (Greg A. Woods)
Subject: Re: Supermarket shakeup?
Message-ID: <1989Oct30.172945.18436@eci386.uucp>
Summary: it's a low margin business
Reply-To: woods@eci386.UUCP (Greg A. Woods)
Organization: R. H. Lathwell Associates: Elegant Communications, Inc.
References: <1989Oct28.204533.16975@telly.on.ca>
Distribution: ont
Date: Mon, 30 Oct 89 17:29:45 GMT
Lines: 14

In article <1989Oct28.204533.16975@telly.on.ca> evan@telly.on.ca (Evan Leibovitch) writes:
> Now I find out that all of the SuperCentres are losing money, and that
> the Brampton one probably won't make it to February.

The grocery business works (primarily) on a 2% profit margin.  That
means there's no room for mistakes, even in a 90 BILLION dollar
company like Loblaws.  The SuperCentres are VERY expensive to run,
with their current level of service.
-- 
						Greg A. Woods

woods@{eci386,gate,robohack,ontmoh,tmsoft,gpu.utcs.UToronto.CA,utorgpu.BITNET}
+1-416-443-1734 [h]  +1-416-595-5425 [w]    VE3-TCP	Toronto, Ontario CANADA