what the hell is jessica tarlov spewing about exorbitant profits of Kroger

[Marener]

They've always been able to raise prices 20% without affecting sales?
Any proof besides "people get hungry"?

It helps when the food industry becomes highly centralized in a handful of companies.

It want possible when there were dozens of companies.

I cited the analysis from three separate organizations including the Fed.

 

[justoffal]

The Left are out of the closet and going full commie.
If Kroger wants to charge $80 for a pint of ice cream they can do so with the blessings of the law and me. It’s their right.

Of course they'll go out of business if they do....as we all know. Point is if you're going to mandate pricing are you also going to mandate customers?
If you jail a grocer for high prices can you jail a customer for deciding not to pay it?

 

[LAUGHatLEFTISTS]

If you know anything about land values, farmers are getting pretty rich.

Food producers are the companies that actually make what you buy at the store.

You leftards should worry less about farmers getting rich and more about politicians getting rich.

 

[justoffal]

It helps when the food industry becomes highly centralized in a handful of companies.

It want possible when there were dozens of companies.

I cited the analysis from three separate organizations including the Fed.

Ahhh.... We might have some common ground there. If it looks like a big corporation is bullying the market to discourage price competition
well then...it's anti trust time.

Corporations by nature will always try it. Usually it's the market itself that cools them down. Recently however it has become very hard to distinguish between the drop in purchasing power of the dollar which cascades down to the supply chain and ends up at the consumer's wallet and corporate prerogative.

I'm not sure how those agencies do it... I would sure like to see their methods.

 

[Marener]

Ahhh.... We might have some common ground there. If it looks like a big corporation is bullying the market to discourage price competition
well then...it's anti trust time.

Corporations by nature will always try it. Usually it's the market itself that cools them down. Recently however it has become very hard to distinguish between the drop in purchasing power of the dollar which cascades down to the supply chain and ends up at the consumer's wallet and corporate prerogative.

I'm not sure how those agencies do it... I would sure like to see their methods.

I don’t think there will be any antitrust case. They’re not overtly coordinating, just kind of watching each other and going along with it.

 

[justoffal]

I don’t think there will be any antitrust case. They’re not overtly coordinating, just kind of watching each other and going along with it.

Yeah..... They're not stupid. But....I grant you there is a cooperation.

 

[Toddsterpatriot]

It helps when the food industry becomes highly centralized in a handful of companies.

It want possible when there were dozens of companies.

I cited the analysis from three separate organizations including the Fed.

You cited an analysis from the Fed that showed food companies have always been able to raise prices 20% without affecting sales?

I don't believe you.

 

[struth]

I don’t think there will be any antitrust case. They’re not overtly coordinating, just kind of watching each other and going along with it.

There won’t be anti trust cases cause they are losing revenue.

Harris wants price controls to destroy them completely

 

[JustAnotherNut]

When did they start charging the highest price we are willing to pay?

Not sure when it started, but most noticeably since 2020..... but there is some truth to that notion.......atleast some stores in my area, including Albertsons/Safeway and Walmart have often raised their prices on items, then within a few weeks lowered those same prices. I have no official link or data to support that, but it is what I've been seeing at those stores and my conclusion for the varying prices........raise the cost to get more profit but if people don't buy it at the higher price, they end up losing money so then drop the price to get people to buy it. Though when they do that, the price never drops to or lower than the previous price.

Hypothetical example; 1lb 80/20 burger was priced at $2.99lb and lots of people were buying. So they raise the price by the excuse of inflation and now it costs $4.79lb an almost $2lb increase, and nobody is buying it. So they may run a few 'sales' on it for $3.49lb and people only buy when it's on sale. Then the stores will drop the regular price to $3.99lb and people begrudgingly buy it because the media says 'inflation' and the store is still making a profit.

 

[JustAnotherNut]

In my area Walmart is not the 'low price leader' anymore. In fact, they are price competitive with Albertsons/Safeway and Fred Meyer (Kroger). Whom all 3 stores are EXPENSIVE. I don't shop at Fred Meyer, but have seen some of their flyers. They and Albertsons/Safeway sometimes have some really great sale prices on certain items. That is the only time I shop at Albertsons/Safeway, just to get those sales items.


One thing I've noticed at Walmart....and I think someone mentioned it in a previous post.......that pre-plandemic, there were more store brand items and sold in the larger sizes. But now there are fewer store brands and only small or 'regular' size items, while there is plenty of the name brands of regular sized items.

One item for instance......1 gallon jug and quart jar of Great Value mayo before 2020 but now they don't have even the regular size jars. Only Best Foods/Hellmans or Miracle Whip. No gallon jugs at all.

Another thing I used to buy was the 3pk of Great Value Shells & Cheese.......now they only have the 3pk in Kraft brand. You can still buy the individual boxes of both.

You would think Walmart would make better profit off it's own brands, regardless of package size, since the name brands have to make their profit margin, plus % to the retailer.

 

[my2¢]

View attachment 996871

Oh, one of those women on TV that should be seen and not heard. I believe it was the series Baywatch that people would talk about watching with the sound down.

 

[Slyhunter]

Not about grocery stores. It’s about food manufacturers.

farmers are subsidized by the government and some are paid not to farm to keep prices up. plus huge numbers of orange trees, chickens, and cows killed and destroyed as a means to prevent the spread of disease.

 

[Toddsterpatriot]

Not sure when it started, but most noticeably since 2020..... but there is some truth to that notion.......atleast some stores in my area, including Albertsons/Safeway and Walmart have often raised their prices on items, then within a few weeks lowered those same prices. I have no official link or data to support that, but it is what I've been seeing at those stores and my conclusion for the varying prices........raise the cost to get more profit but if people don't buy it at the higher price, they end up losing money so then drop the price to get people to buy it. Though when they do that, the price never drops to or lower than the previous price.

Hypothetical example; 1lb 80/20 burger was priced at $2.99lb and lots of people were buying. So they raise the price by the excuse of inflation and now it costs $4.79lb an almost $2lb increase, and nobody is buying it. So they may run a few 'sales' on it for $3.49lb and people only buy when it's on sale. Then the stores will drop the regular price to $3.99lb and people begrudgingly buy it because the media says 'inflation' and the store is still making a profit.

Not sure when it started, but most noticeably since 2020..... but there is some truth to that notion......

Stores in 1980 didn't charge the highest price we are willing to pay?

Stores in 1960 didn't charge the highest price we are willing to pay?

what I've been seeing at those stores and my conclusion for the varying prices........raise the cost to get more profit but if people don't buy it at the higher price, they end up losing money so then drop the price to get people to buy it.

Stores can't just raise prices without impacting sales? Customers get to decide? Wow!

Don't tell Marener

 

[Toddsterpatriot]

In my area Walmart is not the 'low price leader' anymore. In fact, they are price competitive with Albertsons/Safeway and Fred Meyer (Kroger). Whom all 3 stores are EXPENSIVE. I don't shop at Fred Meyer, but have seen some of their flyers. They and Albertsons/Safeway sometimes have some really great sale prices on certain items. That is the only time I shop at Albertsons/Safeway, just to get those sales items.


One thing I've noticed at Walmart....and I think someone mentioned it in a previous post.......that pre-plandemic, there were more store brand items and sold in the larger sizes. But now there are fewer store brands and only small or 'regular' size items, while there is plenty of the name brands of regular sized items.

One item for instance......1 gallon jug and quart jar of Great Value mayo before 2020 but now they don't have even the regular size jars. Only Best Foods/Hellmans or Miracle Whip. No gallon jugs at all.

Another thing I used to buy was the 3pk of Great Value Shells & Cheese.......now they only have the 3pk in Kraft brand. You can still buy the individual boxes of both.

You would think Walmart would make better profit off it's own brands, regardless of package size, since the name brands have to make their profit margin, plus % to the retailer.

One thing I've noticed at Walmart....and I think someone mentioned it in a previous post.......that pre-plandemic, there were more store brand items and sold in the larger sizes. But now there are fewer store brands and only small or 'regular' size items, while there is plenty of the name brands of regular sized items.

I've noticed the same thing at Walmart. I think I know the cause.
Bidenflation has caused more people to buy the cheaper store brand and it's
missing from the shelf when you get to the store.

Try to go earlier in the day. And vote for better candidates.

 

[Marener]

Not sure when it started, but most noticeably since 2020..... but there is some truth to that notion......

Stores in 1980 didn't charge the highest price we are willing to pay?

Stores in 1960 didn't charge the highest price we are willing to pay?

what I've been seeing at those stores and my conclusion for the varying prices........raise the cost to get more profit but if people don't buy it at the higher price, they end up losing money so then drop the price to get people to buy it.

Stores can't just raise prices without impacting sales? Customers get to decide? Wow!

Don't tell Marener

You can ignore the data all you want, it doesn’t make you look any smarter by being dishonest.

 

[leftwinger]

These stupid commee POS chase Leftist causes like dogs chasing cars. The got no problem with $9 coffee at Starbucks or 65% gross margin for APPL but they think Chevron or Walmart are out to rob them? So sad, so stupid, so naive.

Go start your own cattle farm, buy em. Raise em, feed em, medicate them, fence em, chase off predators, slaughter them, package meat, deliver and sell it you sick clowns! Do it All under 6” thick books of GOVT regulations, fees, fines, inspections, employee suits, UI insurance, weather, theft, vandalism.

Sod off wankers!!!

 

[Toddsterpatriot]

You can ignore the data all you want, it doesn’t make you look any smarter by being dishonest.

Your silly claims aren't "data".

 

[westwall]

food is political now?....

Food is ALWAYS political.

 

[Marener]

Your silly claims aren't "data".

I included an article that listed three independent studies. You quoted one and replied with “lol”.

Im not exactly blown away at the depth and strength of your counter written.

 

[Mac-7]

food is political now?....

What planet are you from?

It always has been, and always will be