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A comment on Amazon destroying millions of items of unsold stock in one of its UK warehouses. Parent comment

Re:Amazon destroying millions of items of unsold stock in on... by londons_explore on Tuesday June 22, 2021 @10:51AM (#27592393)
Grocery stores in the UK have shrinkage rates of 2% or so.

That includes theft, damaged items, and expired/unsellable food.

2% really doesn't sound bad, and I would guess is substantially lower than Amazon sees - especially considering estimates I could find suggest that the vast majority of that 2% is theft.

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Re:Amazon destroying millions of items of unsold stock in on... by oasisbob on Tuesday June 22, 2021 @12:12PM (#27593509)
One thing which makes 2% seem much worse for a grocery store is their thin margins.

The gross profit for just about anything at Amazon is going to astronomical compared to just about any food category.

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Re:Amazon destroying millions of items of unsold stock in on... by djbebs on Tuesday June 22, 2021 @12:25PM (#27593674)
Amazon's margins are in line with most supermarket chains.
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