Why are stores owned by the same companies charging different prices?
“Prices are often important signals of how **competition **is working.”
Um, what competition if we’re talking about stores owned by the same company? Competing against itself?
A profit driven company will always sell a product for as much as they can. Costs doesn’t factor into price at all.
Not true. They will price their inventory in a way that maximizes profit for all of it. Sometimes that means individual products being sold for cheaper.
You can find the same product for different prices in the same fucking Zehrs. There is a section of the store clearly intended for immigrants, and the items are cheaper there. Save a few bucks on a tub of cashews.
I needed a few cinnamon sticks. Went to Save On Foods.
Spice aisle: small spice jar with maybe 8 sticks in it. $6.99.
Ethnic food aisle: 4lb bag with like 100 sticks: $4.00.
It’s exhausting.
Never heard of that where I am, sounds pretty cool.
Do they have any restrictions preventing “well-off” looking individuals from shopping for the cheaper items, or possibly are these cheaper items a different brand with the same thing lower priced?
They have a store brand for immigrants. So you’ll look in the international aisle and there will be a big tub of T&T branded cashews, which are cheaper, fresher and better than the ones sold in the baking section or beside the bulk section under Club Pack or whatever brand.
You are so ignorant to so many things in that statement.
It looks like I must be cursed ever to remain so because the only person with the insight I clearly need to be a complete human being does not deign to share it, but rather lords it over me like some kind of selfish occultist.
Your comment was less than useless. Next time you feel like telling someone they are stupid without any elaboration, keep it to yourself.
As with all pricing: because they can.
Couldn’t this just be used as an avoidance tactic? Like saying, “see we are trying to keep the prices low, by offering competitive prices in different stores”. All the while raising the base price of the item in all stores to trick people into thinking they are getting a good deal.
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It’s called you make a $0.10 jar of sauce, sell it for $5 at no frills and $7 at loblaws.
Either way, you’re making hella profit, and you know people at loblaws will buy it for $7 because they are rich and don’t want to have to go to a second store.
Just like how gas is cheaper in unsafe areas. They know the people around aren’t rich, which is usually why it’s unsafe, and that the actual rich people would rather pay more to stay in the safe area.
