Wednesday, April 10, 2019
Pesach Price Wars
competition is a good thing. Pesach food shopping is in full swing and the price wars have begun. The Lakewood supermarkets and grocery stores are advertising sales and specials on many products. Stores also are selling cheaper by the case at discounted prices. Options of ordering in bulk through the likes of Moadim L'simcha or local shuls also help ease the financial burden. Special Pesach circulars were sent out with many sale items for yom tov shopping. The addition of new supermarkets in Lakewood at least for now has brought down food prices and forced other stores to be competitive. Savvy shoppers will save.
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And some store to close and our brothers losing 'parnasah'.
ReplyDelete(Its not that the big stores are making it but to them its just a investment not a livelihood.)
As for being competitive, selling below cost is just a malicious way of inflicting hurt on other businesses. In addition, it causes the customer to live somewhere in la-la land without any understanding of the logical connection between cost and price.
ReplyDeleteIt's actually a lot of fun in lala land. You should join us. We're all saving a few hundred dollars per family and like this we dont have to come on to charity. Were fine with not understanding the logic as long as we are saving tons.
DeleteWhy do you assume they are "selling below cost" do you know what their costs are? By selling in larger quantities, they have more leverage negotiating with wholesalers. Highly unlikely that investors are Ok with losing money, it kind of defeats the purpose of investing
DeleteIf you are living in la-la land, who's to say that you are really saving? You agree that it's ok not to understand economics principles such as the axiomatic connection between cost and price. So maybe you aren't saving tons at all. Just deluding yourself.Some of those savings are really misleading, because businesses who entice you in with ludicrous loss-leaders, subsidize their losses by jacking up other prices that you are not familiar with. It evens out.Win some, lose some. But by destroying the local businesses, there is no question that it's a loss because kol dmei achicha zoakim...
ReplyDeleteNow I'm starting to think that you're living in lala land. Fact is that bingo is the cheapest store in lakewood if you look at regular priced items. Why do you care so much about 3 or 4 store owners that we're taking advantage all the years and don't care about thousands of families that are saving hundreds of dollars just for pesach shopping alone and throughout the year saving thousands of dollars. I know what I'm saving I don't think you know what your losing
DeleteBottom line, G-d promises to cover Shabbos and Yom-Tov expenses. He doesn't ask people to to get Him the "lowest quote". He wants His kinderlach to be considerate to their fellow Jews. The pain of betrayal of the local businesses goes beyond the financial impact. When you have time and menuchas hanefesh on Yom Tov, perhaps you ought to think about that aspect.
ReplyDeleteLakewood (pre Bingo) was the highest preiced of all areas ( see last 2 paragraphs) . The stores took advantage of the consumers and rang up huge profits.
ReplyDeleteIf a store did not make it ,it was due to business ignorance.
Why do you think the stores are falling over themselves to open in Lakewood. Do you think they want to lose money.
Now Bingo comes in and prices suddenly drop. No store will close. They may have to tighten their belts and chas v'shlom offer polite customer service.
The tzibur has voted albeit woth their wallets.
I travel contantly between Monsey,Brooklyn and Lakewood. On a lark i began comparing prices on basic household staples. The order of price gouging is Brooklyn has the best prices, then Monsey then Lakewood.. This is an average based on the the 3 largest stores in an area and excludes Bingo.