Year after year two huge supermarket chains Publix Super Markets Inc
Year after year two huge supermarket chains—Publix Super Markets, Inc., and Safeway, Inc.—consistently report gross profit rates between 26 percent and 29 percent. Each uses a sophisticated perpetual inventory system to account for billions of dollars in inventory transactions.
a. Discuss reasons why these firms consistently report such similar and stable gross profit rates.
b. What technologies make it possible for these retailing giants to use perpetual inventory systems?

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