The “Water Cooler” is a feature on Claycord.com where we ask you a question or provide a topic, and you talk about it!
The “Water Cooler” will be up Monday-Friday in the noon hour.
As many of you have noticed, grocery stores tend to raise the prices of select items during the Thanksgiving holiday. Do you think this is fair to do to the customers, or do you think it’s a rotten way to conduct business?
Talk about it….
Price gouging is always a rotten way to conduct business. Pure Greed.
The stores have every right to charge what they want, and if you feel the prices are too high, you have every right not to purchase. No one ever said life was fair, and businesses are in business to make money. Store profit margins are very slim. Thankfully, there are discount stores for everyone who wants or needs a good deal, especially during the holidays.
I think it depends on a company’s business model both the store and the vendor. Some vendors may lower their prices during the holidays because they can sell more quantity wise returning some more profit. Others which may have a limited market and appeal may raise their prices. I note a lot of new “gourmet” companies with pricey items and those “dream” companies may well be gone in a couple years. Retail is as much an artform as it is a science.
In a consumer driven profit taking time of the year, what else would you expect? Kentucky Derby is right, you don’t have to shop at the higher priced stores.
I think it was called ” demand marketing”, or they may have changed the name. It is somewhat to be expected.
I haven’t seen anything I purchase go up in price.
I have no idea what you are going on about, Claycord. Turkey always seems to be the least expensive around Thanksgiving than any other time of year. What are you buying?
You obviously don’t do the shopping or you fall for the trap (Sucka’), They price the turkeys low (at a loss often times) to draw you into the store where most people will then stay to shop; even at boosted prices.
S,
Actually I do enough shopping to know what prices are too high. If I think something is marked too high I go elsewhere or forego. Not a one stop shopper.
I guess everyone missed the news coverage about All of the flooded out Midwest crops in 2019.
Nothing to do with Holiday gouging……the prices have been kept in check to prevent panic and hoarding.
You’ll all see in 2020.
If you watch the prices and use discounts and coupons it is not at all bad. It just takes a bit of time and patience. Pay off is there.
Supply and demand.
I people don’t spend the extra money on selected items around the holidays the prices will decline.
If sales climb, the prices will go even higher until the market is saturated.
Everyone has the power to manage their own spending.
It’s a power the people should use more.
Must be a lot of people deep frying turkeys this year all the stores are out of peanut oil. Watch out for burns.
Most holiday related items go on sale for cheaper prices prior to thanksgiving. Yams, potatoes, cellery, onions, cranberries, turkeys, etc, all all at reduced prices from year-round levels. What items is Claycord referring to?
One also has to consider that demand rockets up sharply on some items for Thanksgiving. When something that barely moves the rest of the year is suddey flying off the shelves, it is difficult to keep up with demand. The obvious and time tested solution is to raise the price. That is not price gouging, its economics 101.
I don’t know about just during the holiday. To me, prices have gone up in the past few months. I pretty much buy the same things all the time, and I’ve noticed I’m consistently spending more lately at the grocery store than I have in the past. Couple that with gas prices, and I have less money to spend on non-essentials. It seems like a lot of items cost more.
To save, I’m eating out less often, also splurging less in general. This Christmas, I setup a budget on total spend.
At work, I don’t even remember the last time we received a raise.
I have a feeling this will only continue.
Supply and demand
Welcome to America
First time here I see
So yeah during certain times of the year food and drink and gas go up so the business owners can gain during demand
So during slimmer times they will balance out
Or turn a little more profit
This is why America is the greatest
If you have a problem Europe is ready and waiting for you
Or even Mexico if you prefer that sort of environment
Yes I know demifornia seems to have steered toward and Mexico theme with bad roads lack of police criminals allowed to roam free as well as bums galore and druggies waiting to steal from you and dirty empty abandoned store fronts the further away from a so called city center you get
But well there is no but this state prefers Being a hole instead of prosperity they want dirt and scum
Instead of prosperity they prefer stealing money from the fed to line political coffers at your expense of course
Instead of prosperity they slam the middle class with supporting illegals and passing laws to make theft legal to further drive the middle class out of the state so they can flood it with lower class they can control
and they have to depend on a democrat communist socialist government
So they can rule and maintain power
Feel free to stop me if you heard this
Oh well and manholes are racist and plastic is the devil in demifornia but exploitation and disparity are favored by voters who always seem to want the same and not better for some reason
Sanctuary is a four letter word associated with hypocrisy and corruption
Do the math and follow the money
What are you talking about? No they aren’t.
Sure – charge what the market will bear – of course then folks go online and find that they can often purchase the same for less and have it delivered to their home.
Charging what the market will bear can be a short term win, long term loss for many businesses with more and more options becoming available regularly.
So far I have seen
Gas at Shell went down almost 40 cents from 2 weeks ago. The price of groceries is about the same. The commute time has increased from 10 minutes to 20 minutes of stupid and everything else is moot!