George Stern
Region: GB
Tuesday 13 January 2026 18:16:19 GMT
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🇺🇦UCPwillDestroyUsAll🇨🇦 :
This is more true than many realize. In Canada, we have a grocery chain, Loblaws. They have several grocery companies under different brands. Approx 2400 stores, nationwide. Some are mid-level, some are discount. They show a fairly low margin on the grocery products (net profits around 4%). But the corporation is hugely profitable and the owners are multi-billionaires. How is that possible? Land. They own all their properties, which are under a property management company they own. So what they do is pay massive leases from the stores to the leasing company. They then show the public that they make a paltry 4% profit on food sales. They don't show the P&L line that shows 30-40% of their gross income is being paid to themselves as leasing costs.
2026-07-02 03:04:23
1
Gloucestershire Candle Co. :
can someone elaborate , mcdobalds makes the rent by selling burgers
2026-02-09 20:22:24
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Calvin K :
lit was about to say that abt Ryan 😭
2026-02-08 23:00:13
3
k :
where is this clip from?
2026-02-09 15:03:30
0
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