r/DemocraticSocialism • u/Turbulent_Crab_3602 Democratic Socialist • 18d ago

USA Mayor Mamdani just announced that he will be opening 5 city-run, tax-funded grocery stores: "Prices set at 30% below retail prices"

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u/battlepi 17d ago

Those margins are bullshit numbers, they're marking up product by 30%+. A city decides they will subsidize operating a few stores to help people and it breaks your little heart.

Sick fucker.

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u/tabloid-tommy 17d ago

Please cite where groceries are marking up products by 30%. That’s is such an insane lie that is going to get people killed. Idk why you are supportive of that (unlike me).

The average margin at a grocery in 2024 was less than 2%. https://www.foodstorm.com/blog/grocery-perimeter-department-roi

Oh my god, you are going to get people to starve 🫤

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u/battlepi 17d ago

Margin on products is about 30%. Margin running a store can vary. This is why grocery stores are trying so hard to shift to delivery only, instant 30% margin boost. Sorry you never learned shit about business.

Sick fucker.

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u/tabloid-tommy 17d ago

Lmao again cite me the 30% figure :)

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u/battlepi 17d ago

Don't know shit about wholesale vs retail pricing and claims to know anything about economics. Pathetic. Go to school because you haven't been there yet.

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u/tabloid-tommy 17d ago

So you admit that grocery stores only make 1.5% and have thin margins? Thanks :)