Wednesday, 13 November 2024

Retailers Gouge Consumers?

Well, Yes and NO. If we're talking groceries, the answer is largely No. The profit margins in food are infinitesimally small so they tend not to jack up prices. Instead, they rely on their suppliers, who more often than not use ShrinkInflationTM to increase their profit. I've seen it with food, snacks, soap bars, etc.

No comments:

Post a Comment