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re: Supermarket chain stops selling Pepsi products do to price rise
Posted on 1/5/24 at 10:55 am to Jake88
Posted on 1/5/24 at 10:55 am to Jake88
quote:
Your last two thread titles...quote:Due you still use cursive writing? quote:Supermarket chain stops selling Pepsi products do to price rise Are you serious?
quote:
Favorite team: Yale
Hopefully not a grad, but not sure what there is to be a fan of
Posted on 1/5/24 at 11:00 am to YNWA
yeah we usually call those places dollar stores or mexi marts.
They sell the cheap off brand shite.
They sell the cheap off brand shite.
Posted on 1/5/24 at 11:00 am to East Coast Band
quote:
I've switched to the store brand colas. Taste isn't as good, but half the price.
I don't drink soda very often, I can't tell any difference in the taste.
We just keep some cans of the Piggly Wiggly brand Grape soda and Dr. Pig in the fridge.
Posted on 1/5/24 at 11:03 am to fallguy_1978
quote:
It's far more popular in Northern states than Coke.
Pepsi may be more popular up north than it is in the south but Coke has double the market share in the US as a whole
Posted on 1/5/24 at 11:10 am to YNWA
quote:
do to price rise
quote:
YNWA - Yale
Doesn't check out.
Posted on 1/5/24 at 11:12 am to Jcorye1
That sounds right, my bad. They did this with the scamdemic. And stupid people keep paying. If people would close their wallets for a while, prices would fall. Let the restaurants close. Let the $30k civic rot on the lot, it’s ugly anyway. Let the $7 per bag of chips (I don’t buy chips anymore) and the $45 Chuck roast rot. It’s out of hand.
Posted on 1/5/24 at 11:14 am to tylerlsu2008
quote:
Favorite team: Yale
Hopefully not a grad, but not sure what there is to be a fan of
Mike McDaniel is a Yale grad and most of the time he sounds like English is his second language.
Posted on 1/5/24 at 11:39 am to Darth_Vader
quote:
So are we just going to pretend food prices haven’t gone up like 20% since Biden took office? Is that what we’re doing now?
I wish it was only 20%
Posted on 1/5/24 at 11:53 am to beaverfever
quote:
I don't really get this. Don't the stores just sell the brands at a margin and let the labels compete against each other? Unless the brands aren't moving because they are overpriced relative to their competition, how does it effect the merchant one way or the other? I'm sure there's a massive amount of nuance I'm missing. Anyone have some insight?
A few thoughts …
It makes the retailer look bad if the price is high. Consumer now believes the entire store is expensive.
This is good free advertising for the retailer.
Posted on 1/5/24 at 11:58 am to Dixie2023
quote:
That’s all a lie. Not who you spoke with, but manufacturers and suppliers. There is zero reason for these insane increases for everything, not just food. Just to be greedy and an opportunity to price gauge. I wish our gov would step in, and that’s saying a lot.
Let me tell you why this is an incorrect position.
If the money supply were steady, and every company started raising their prices by 50%, 100%, or more, those companies would suffer because there would not be enough money to buy their goods and profits would suffer. Demand would drop.
The only thing that drives inflation is having too much money chasing too few goods. It's that simple. The government increasing the money supply, and shutting down the economy, people now not wanting to work, remaining on the govt dole to produce nothing of value...that is your inflation driver.
ETA: Also, do you think that pretty much every company in every industry just decided at once to raise their prices excessively? Why didn't they just all do this ten years ago and profit then? There are market forces that have been triggered by our government and fed that are the reason this is happening.
This post was edited on 1/5/24 at 12:10 pm
Posted on 1/5/24 at 12:05 pm to YNWA
This is a blessing in disguise imo. Americans are among the unhealthiest group in the world because we have quick and convenient access and a bad habit of consuming unhealthy drinks and snacks, due to lack of control. Let’s face it - Americans are lazy af. And people want to complain about prices. Here’s an idea: stop drinking sodas and these companies will drop the prices, and maybe discontinue their products altogether creating a healthier America.
This post was edited on 1/5/24 at 12:08 pm
Posted on 1/5/24 at 12:08 pm to P2K
If only it were unhealthy things experiencing this inflation. I have a hard time finding an avocado for less than $3.
Posted on 1/5/24 at 12:09 pm to P2K
Water, coffee and vodka only work for me. Soda/pop/colas whatever the frick you call it is disgusting
Posted on 1/5/24 at 12:11 pm to Chucktown_Badger
quote:
If only it were unhealthy things experiencing this inflation. I have a hard time finding an avocado for less than $3.
The price of pork and chicken has jumped dramatically as well and we stopped stocking sparkling water in our house when the price jumped up to the same as coke products.
Posted on 1/5/24 at 12:19 pm to bad93ex
Soda costs the same as cheap beer now, just get the beer
Posted on 1/5/24 at 12:23 pm to Dixie2023
quote:
That’s all a lie. Not who you spoke with, but manufacturers and suppliers. There is zero reason for these insane increases for everything, not just food. Just to be greedy and an opportunity to price gauge. I wish our gov would step in, and that’s saying a lot.
You’re ignorant. You think potato chip prices are high in the store but the cost of potatoes, oil, seasoning, plastic bags, boxes, parts for machines, soap and cleaning supplies for the plant, office expenses, fuel for transportation, etc. have NOT increased???? Then add on employee expenses, insurance, and health care on top of that.
Do you have any idea what goes into making a product? Everything you use to make the product has to be included in the price of the product you made.
Posted on 1/5/24 at 12:39 pm to SixthAndBarone
That’s my point. Everyone took advantage. It shouldn’t cost more for any of this all of the sudden. All of rhe sudden everything costs more to make. I still think it’s an excuse.
Posted on 1/5/24 at 12:40 pm to Dixie2023
No offense, but you're dense and have shown no understanding of basic economics.
Answer this question...why didn't all companies raise their prices a ton 3, 5, or 10 years ago? I mean, if they can just raise prices and automatically make more money, why not do it?
Answer this question...why didn't all companies raise their prices a ton 3, 5, or 10 years ago? I mean, if they can just raise prices and automatically make more money, why not do it?
This post was edited on 1/5/24 at 12:41 pm
Posted on 1/5/24 at 12:41 pm to SixthAndBarone
quote:
You think potato chip prices are high in the store but the cost of potatoes, oil, seasoning, plastic bags, boxes, parts for machines, soap and cleaning supplies for the plant, office expenses, fuel for transportation, etc. have NOT increased?
Didn't the corporate tax rate also jump like 10% or something along those lines? I remember Raggedy Ann was absolutely dumbfounded when someone informed her that the businesses would pass the extra costs from taxes onto the customer.
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