☆ Yσɠƚԋσʂ ☆@lemmy.ml to Toronto@lemmy.caEnglish · 1 day agoToronto is getting City-run nonprofit grocery stores with cheaper priceswww.blogto.comexternal-linkmessage-square5linkfedilinkarrow-up182arrow-down12
arrow-up180arrow-down1external-linkToronto is getting City-run nonprofit grocery stores with cheaper priceswww.blogto.com☆ Yσɠƚԋσʂ ☆@lemmy.ml to Toronto@lemmy.caEnglish · 1 day agomessage-square5linkfedilink
minus-squarebdonvrAlinkfedilinkarrow-up9·1 day agoNon-profit just means that any excess goes back into the organization, rather than paid out to shareholders or as bonuses. So they could use that money to order even more product, or staff more, or to be able to sell items at a lower margin or even negative margin.
Non-profit just means that any excess goes back into the organization, rather than paid out to shareholders or as bonuses.
So they could use that money to order even more product, or staff more, or to be able to sell items at a lower margin or even negative margin.