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bucolic_frolic

(52,905 posts)

5. Retailers are testing what they can get away with, what consumers will pay

Reply to brooklynite (Original post)

Thu Apr 14, 2022, 10:10 AM

Apr 2022

They haven't had free reign to probe market prices in a long time.

I went to buy a bottle of blackstrap this week. It was $3.99 forever, at both a regional super and a well-known old and large east coast super. Now it's $4.19 at one, and $4.49 at the larger one.

If increases had been due to producer prices, or wholesale prices, wouldn't 1) both increases be very very close, or 2) wouldn't the larger chain have a lower price due to larger volumes? I guarantee the smaller chain doesn't move 8 bottles per store a month.

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Highlight:

New York attorney general probes oil giants for signs of price gouging amid Ukraine war [View all] brooklynite Apr 2022 OP

Ya know, I've always believed New York would be the 1st to hand an indictment down on... Budi Apr 2022 #1

Price gouging is an inevitable part of a "free market" William Seger Apr 2022 #2

The NY AG needs to realize that gouging takes place all the time, not just during a war. OldBaldy1701E Apr 2022 #3

"Probes oil giants", what's to probe? Magoo48 Apr 2022 #4

Yup. Mr. Evil Apr 2022 #6

Retailers are testing what they can get away with, what consumers will pay bucolic_frolic Apr 2022 #5