I've gotten a lot of little tidbits from my boss that are interesting, but I just learned something that blows all that out of the water and reframes everything.
The store I work in, a convenience store/pharmacy of medium size in a spot somewhere between the suburbs and the city, pays $50k a month in rent.
Think about how much more you're charged for products than they cost to produce. Set aside the actual Capitalists in the process, they at least facilitate production. Think about how much extra money you've been spending just so that retailers can meet the demands of some company that has a piece of paper that says they own the land.
Apparently in big cities, the rent can get over $200k a month.
According to my boss, the store makes 3 cents on every dollar in profit.
I'll have to see if I can get him to show me the binder again.
From what I understand that is generally accurate of grocery stores
We're a block away from a proper supermarket. I'd love to see what their numbers look like.