Why are you looking back here? What are you, a cop?

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Aquileo | cake
Cake day: June 22nd, 2025

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  • Concerns with this model.

    • Scalping. What is preventing people from buying out the store in bulk and reselling outside the store for a profit.
    • 30% of what? If private grocery stores drop their prices/profits to be competitive, will these municipal stores drop their prices again? I would think a set profit rate for a municipal store would cut out price gouging, but allow private grocery stores to continue operations.
    • What are actual profit margins that grocery stores in the city are running on? Many articles say 1-3% profits are typical for grocery stores. Is this true for NYC?
    • Is this expected to a budget expense or a self funded operation after the initial investment?

    EDIT: To be clear I want this to succeed. Questioning the government’s implementation should be encouraged.


  • apftwb@lemmy.worldtopolitics @lemmy.worldMayor Mamdani Unveils 30% Discount at New Municipal Grocery Stores
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    Aquileo | edit-2
    4 days ago

    Others can just go to the store

    Other people going to the store doesn’t stop scalpers from clearing the shelves. If they restock overnight, scalpers can and do wait for stores to open just so they can clear them out.

    Logic implies that the prices are being compared to other stores.

    Imagine this scenario. Private grocery store (PGS) sells bread for $5 a loaf. Municipal grocery store (MGS) sells bread for $3.50. PGS decides to cut their profits margins (citation needed) and sell at a competitive $3.50. MSG sells bread at $2.75 (after all this is 70% of 3.50). This repeats until the PGS goes out of business and the operating cost of MSG is much higher than expected.


  • apftwb@lemmy.worldtopolitics @lemmy.worldMayor Mamdani Unveils 30% Discount at New Municipal Grocery Stores
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    Aquileo | fedilink
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    Aquileo | edit-2
    3 days ago

    Concerns with this model.

    • Scalping. What is preventing people from buying out the store in bulk and reselling outside the store for a profit.
    • 30% of what? If private grocery stores drop their prices/profits to be competitive, will these municipal stores drop their prices again? I would think a set profit rate for a municipal store would cut out price gouging, but allow private grocery stores to continue operations.
    • What are actual profit margins that grocery stores in the city are running on? Many articles say 1-3% profits are typical for grocery stores. Is this true for NYC?
    • Is this expected to a budget expense or a self funded operation after the initial investment?

    EDIT: To be clear I want this to succeed. Questioning the government’s implementation should be encouraged