grocery retail

2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jul 16, 2019 by Gary Saarenvirta · across every show →

Everything said about grocery retail, oldest first

Jul 16, 2019
Assertion Partly supported
Saarenvirta: Grocery sector gross margins are typically around 35%
“Well, the gross margin in grocery is typically, you know, kind of a third, I would say, 35%.”
Gary Saarenvirta Jul 16, 2019 ▶ 7:02 1452 Retail SaaS Solution Pases $4M ARR, Goal to Reduce Poverty Levels
Jul 16, 2019
Assertion Supported
Saarenvirta: Grocery net margins are under 1% for mid-market retailers
“Net margin in grocery is, you know, the mid-market guys are, yeah, less than one percent, and, you know, maybe the big general merch guys are, you know, a really good one is, you know, three percent, right?”
Gary Saarenvirta Jul 16, 2019 ▶ 7:09 1452 Retail SaaS Solution Pases $4M ARR, Goal to Reduce Poverty Levels
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