They could, but grocery stores are highly competitive on price.
If a different grocery store doesn’t take that approach, people will go to the place where everything is 10% cheaper.
Comment on They eliminated cashiers and keep the profits. NY Democrats are fighting back.
Smaile@lemmy.ca 5 weeks ago
couldnt they just increse the price by 11% and make it moot?
OwOarchist@pawb.social 5 weeks ago
isleepinahammock@lemmy.blahaj.zone 5 weeks ago
No. Because that would require raising the prices at the regular check-out as well. And companies cannot just raise prices as high as they want. The prices you see in the grocery store are already the company’s best estimate for the highest price the market will bear.
idiomaddict@lemmy.world 5 weeks ago
If every grocery store did this, that is the market. We can’t decide to not eat, and even with a 10% markup, grocery stores are still cheaper than most other options.
isleepinahammock@lemmy.blahaj.zone 5 weeks ago
Grocery prices are already constrained by the fact that people’s budgets can only stretch so far. If you raise prices faster than people can handle, they just start buying cheaper food options.