Provide one way in which grocery retailers could attempt

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Reference no: EM133686017

Problem: The most recent data from the Wall Street Journal reports that grocery stores average an approximate return of profits on revenue of 3%. Using Michael Porter's Five Forces framework, identify and describe any two of the five industry forces that make the grocery retailing industry so unattractive. Additionally, for each one of the industry forces you have selected, provide one way in which grocery retailers could attempt to influence each of these industry forces to make their firm more profitable.

Reference no: EM133686017

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