as I commented on your other post the best thing the city can do to try to have more people live walking distance from grocery stores is to stop requiring so much parking. Lowering parking requirements reduces the minimum lot size for a grocery and eliminates issues like this one.
When I worked at NS, they would have a quarterly meeting where they broke down all their financials. The state of Oregon takes half of their income in taxes and that's after expenses, which is upwards of 80% of total earnings.
A Sunday's worth of sales at one of NS busier stores like Concordia, or Arbor Lodge is about 120,000. But you factor in cost of goods, payroll, shipping fees, and a litany of other costs and you don't end up with all that much pure profit. The grocery business is a low margin business.
Boom.
A Sunday's worth of sales at one of NS busier stores like Concordia, or Arbor Lodge is about 120,000. But you factor in cost of goods, payroll, shipping fees, and a litany of other costs and you don't end up with all that much pure profit. The grocery business is a low margin business.