Comment on They eliminated cashiers and keep the profits. NY Democrats are fighting back.
missingno@fedia.io 2 weeks agoWhat do you mean maximum? There's no cap, as we've seen from the way prices have already been rising.
Comment on They eliminated cashiers and keep the profits. NY Democrats are fighting back.
missingno@fedia.io 2 weeks agoWhat do you mean maximum? There's no cap, as we've seen from the way prices have already been rising.
isleepinahammock@lemmy.blahaj.zone 2 weeks ago
Why doesn’t your grocery store charge $20 for a gallon of milk then if they can just raise prices as much as they want? Have you never even heard of supply and demand?
missingno@fedia.io 2 weeks ago
Let me spell this out for you.
Discount on self-checkout passes.
Stores raise prices so that the price after the discount is the same as it was before.
Consumers continue to pay the prices they've been paying.
'Discount' evaporates into the aether.
obviouspornalt@fedinsfw.app 2 weeks ago
the thing that you may not be considering here is the increased competition from the new city-run grocery stores that are also being proposed will somewhat limit the traditional store’s pricing power since presumably the city stores only need to break even, not turn a profit, and the city stores might not need to pay some set of taxes. we’ll have to see if this actually plays out, but that’s the proposal.
my guess is that large manufacturers like proctor & gamble may not want to supply the city stores, so they may be stocked with lesser known brands, at least at first.