• vala@lemmy.dbzer0.com
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    8 hours ago

    I just can’t accept that employee owned grocery stores like WinCo are somehow keeping prices down but big grocery stores like Kroger are just skyrocketing.

    Prices on many items are literally 200% the cost of the same exact item at WinCo.

    They don’t pay their employees more so where is that extra 100% profit going?

    • Pyr@lemmy.ca
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      8 hours ago

      Employee owned stores have a massive competitive advantage over corporate owned stores.

      They have no shareholders.

      Corporate stores need to show consistent growth in profits, not simply consistent profits.

      Employee owned stores can at least get by without making more profits year after year, as long as they make enough to pay themselves and keep up with maintenance.

      • bountygiver [any]@lemmy.ml
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        6 hours ago

        Employee owned stores can even get by with exact 0 profits, since the employees would’ve already gotten their fair share in the form of their salary.