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What's a low stakes conspiracy theory you believe?
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this post was submitted on 06 Sep 2023
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Food prices at the local supermarkets are fixed. Each week a different brand of a certain good (like milk or rice) gets to go on the "special price", while the rest sell for the regular price. And they keep rotating which brand gets the special. All fixed.
Isnt this basically what mckinsey was doing in canada?
I know they were fixing bread prices, don't know the extent
Food prices definitely are fixed but you're describing a loss leader.
Basically a store will take a haircut on a good just to get you in the door to buy the other over priced crap.
Grocery stores are getting to monopoly pretty quick these days so I imagine the loss leader will just be a lie in the next ten years.
What I'm saying is that I suspect a level of collusion between all the different rice brands for instance. So for this week Tastic gets to be on "discount", next week it's Spekko on "discount". And they all rotate who gets to be on discount when.
Oh that's not how it works.
Suppliers generally don't set shelf prices.
Edit but yeah they do collude but not explicitly.
Happens all the time at Food Lion
The insane amount of effort that goes into psychological and price manipulation in supermarkets is more than I can ever wrap my brain around. I know it happens but understanding all the aspects of it would be a full-time job.