Question: Below are data for three publicly traded grocery stores that range in size from local (Village Super Markets) to regional (Publix) to national (Kroger). Use
Below are data for three publicly traded grocery stores that range in size from local (Village Super Markets) to regional (Publix) to national (Kroger). Use the ratios below to answer the requirements. Assume that the companies sell roughly the same mix of products and face about the same inventory costs. Fiscal 2018 Publix Kroger Village Super Market Gross profit margin % 28.7% 21.0% 26.4% Number of stores at year-end 1,175 2,681 29 Sales ($ per square foot) $620 $657 $1,130 Sales per store ($ millions) $29 $43 $52 Average store size (thousand square feet) 47 65 46 COGS (per square foot) $437 $514 $823 Days inventory outstanding 25.7 24.9 12.2 Required
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