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Author Topic: Price gouging at our local supermarkets?  (Read 1559 times)

Offline ente

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Price gouging at our local supermarkets?
« on: April 14, 2020, 08:30:26 PM »
Everything I need to buy is at full price and plus. Two weeks ago I could buy a block of cheese for 2 to 3 dollars, and now $6.49.  This isn't right.
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Offline Shelby2

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Re: Price gouging at our local supermarkets?
« Reply #1 on: April 14, 2020, 09:12:27 PM »
I read the same is going on at Berry Fresh Farms, the small supermarket on Ditmars Blvd in Astoria. The person posting said butter is $9.99.
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Offline Garsleat

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Re: Price gouging at our local supermarkets?
« Reply #2 on: April 14, 2020, 09:23:43 PM »
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Offline Shelby2

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Re: Price gouging at our local supermarkets?
« Reply #3 on: April 14, 2020, 09:31:14 PM »
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Offline dssjh

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Re: Price gouging at our local supermarkets?
« Reply #4 on: April 14, 2020, 09:32:47 PM »
i haven't seen a block of cheese for $2 since 1993, but report people who are cheating the customers.
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Offline abcdefghijk

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Re: Price gouging at our local supermarkets?
« Reply #5 on: April 15, 2020, 11:20:37 AM »
Absolutely food prices in the supermarkets of this neighborhood have skyrocketed.



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Offline dssjh

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Re: Price gouging at our local supermarkets?
« Reply #6 on: April 15, 2020, 11:24:59 AM »
could that also have something to do with the fact that crops are not being picked, that supply chains have been impacted by plants (not just meat) closing and so on?
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Offline Grabey

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Re: Price gouging at our local supermarkets?
« Reply #7 on: April 18, 2020, 08:28:08 PM »
Things have been expensive - I paid over $4 for regular eggs the other day. Normally $1.50 or so. There are likely supply chain issues. I think Foodtown is not doing as many sales, either.
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Offline rhydewithdis

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Re: Price gouging at our local supermarkets?
« Reply #8 on: April 20, 2020, 08:48:06 AM »
So many whiners without ANY idea the supply chain issues and wholesale price increases grocers are facing.
Egg prices have risen 300% because of this crisis
https://www.reuters.com/article/us-health-coronavirus-usa-eggs/u-s-egg-prices-hit-record-levels-as-pandemic-buying-boosts-demand-idUSKBN21E00L

Everyone should listen to this podcast before they go off reporting grocers who are RISKING THEIR LIVES so we all can hoard toilet paper and ground beef  ::)
https://freakonomics.com/podcast/covid-19-food-supply/

Where does something become a normal demand-and-supply response, and where does it leak over into the area of gouging? That’s a really tough question. One thing I’d say is that increase in price is exactly what you want to happen, because that rising price provides the incentive for a food-processing plant to get back up and running quickly. It may provide the incentive to spark back up a plant that’s been idled because it wasn’t profitable before. If you’re just now getting over the illness, to get back to work. So that rising price is the economic incentive that encourages people to resupply that food when we get back online.
https://freakonomics.com/podcast/covid-19-food-supply/

DUBNER: It’s also, theoretically, the incentive for people to not buy more than they actually need just because it’s available, correct?

LUSK: Precisely. That rising price should also be your incentive to cut back and to not buy more. Actually, some retailers have used a little bit of social pressure and social incentive by saying, “You can have that one roll of toilet paper for, whatever, six bucks. But that second roll is going to be 200 bucks. We’re not saying you can’t have it, but please be kind to other people around you.”
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