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A comment on Amazon has radically transformed small businesses in both the U.S. and China. Parent comment

Re:Amazon has radically transformed small businesses in both... by mtnGoat on Wednesday January 25, 2023 @08:31PM (#34526667)
My best friend growing up, his dad ran grocery stores. He said they had a 3-5% margin across their offerings.
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Re:Amazon has radically transformed small businesses in both... by lotsofpulp on Wednesday January 25, 2023 @11:21PM (#34527645)
And if you look at Costco, Walmart, Kroger, Albertsons, Target, Best Buy, etc 10-K reports, you will find the same profit margins.
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