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Dollar-stores overcharge customers while promising low prices

theguardian.com

671–680 of 754 posts

Re: Dollar-stores overcharge customers while promising low prices

#671

Earlier quoted context omitted.

And this is exactly why I only shop at Costco. While other retailers try to get me to buy more stuffs, Costco try to make sure I'm satisfied enough that I'll renew my yearly membership (their main profit source). The incentive structure aligns very well.

Buying in bulk is about having the ability to both afford next week’s food this week and have the means to store it. Not to mention the annual subscription. Responding to a comment about dollar stores preying on the poor with, “that’s why I shop at Costco” is… a choice.

not sure your comment is any less insufferable.

Re: Dollar-stores overcharge customers while promising low prices

#672

Earlier quoted context omitted.

That's probably aimed at reducing consumption.

I assume eliminating the "loss leader" concept is the main effect, since shops shouldn't otherwise price things as losses regardless? In which case it seems like it's meant to maintain some friction / overhead for people wanting to visit the stores, possibly reducing consumption at least for the price-sensitive.

Selling at a loss can also be a monopolistic practice: a firm with enough capital can sell at a loss to capture the market, and then buy out their now-flailing competition.

Re: Dollar-stores overcharge customers while promising low prices

#673

Earlier quoted context omitted.

The irony is even though Dollar Tree prices are honest because they all are the same $1.25 (excluding the new “More Choices” $3-5 items) they’re still ripping you off. I always shop on a per-unit basis e.g. dollars per pound or cents per ounce, since that’s how I actually eat food. I need a certain amount of calories and a certain quantity of food to survive, and the less I pay per unit, the lower overall cost. On a…

SO what do you buy for food and where do you buy it? With your focus on calories per dollar, do you also get supplements? Which ones and where? Why are you so focused on this?

Is there any reason to assume they are “so focused” on it? Keeping an eye on unit or per-weight prices is somewhat conventional and pretty easy—at least I think most major grocery chains around here include that info right on the sticker.

Re: Dollar-stores overcharge customers while promising low prices

#675
post #372

> Red Baron frozen pizzas, listed on the shelf at $5, rang up at $7.65. Bounty paper towels, shelf price $10.99, rang up at $15.50. This very rarely happens in MA, because when it does the store has to give you the item for $10 off, including if that makes it free. And they have to post a sign at the register explaining the law, which means when you're invoking it all you need to do is point at the sign. https://www.…

Once i had a very amusing discusson with a store that sold laptops. I wanted to purchase a laptop at the advertised price. The sales person told me i was in luck, because all their laptops came preinstalled with Microsoft Office for a little extra money. I told him politely i did not want to buy Microsoft Office, even for such little extra money. I just wanted the laptop. Semi-flabbergasted he told me this was not po…

They do this same type of thing at car dealerships everywhere. Some pre-installed dealer add-on they just tack onto the total. Annoying.

Re: Dollar-stores overcharge customers while promising low prices

#676

Earlier quoted context omitted.

That sounds like it's basically the grocery equivalent of the boot theory of poverty. Poor people have to pay more in the long run because they can't afford to buy in bulk.

This is exactly right and the reason that Costco shoppers are un-intuitively among the richest groups in the country (average $125,000 household income).

Costco is great for wealthy families, less so for less wealthy. People living in small apartments have no place to put 36 rolls of paper towels and 12 jars of pasta sauce.

Having a large home is a prerequisite for shopping at Costco.

Re: Dollar-stores overcharge customers while promising low prices

#677

Earlier quoted context omitted.

The irony is even though Dollar Tree prices are honest because they all are the same $1.25 (excluding the new “More Choices” $3-5 items) they’re still ripping you off. I always shop on a per-unit basis e.g. dollars per pound or cents per ounce, since that’s how I actually eat food. I need a certain amount of calories and a certain quantity of food to survive, and the less I pay per unit, the lower overall cost. On a…

That sounds like it's basically the grocery equivalent of the boot theory of poverty. Poor people have to pay more in the long run because they can't afford to buy in bulk.

In addition to the other comment about perishables, storage space is another meaningful limiting factor that can vary with income level. Both the raw volume of available storage and the quality of the storage on things like temperature control, energy usage, accessibility, etc

Re: Dollar-stores overcharge customers while promising low prices

#678

Earlier quoted context omitted.

That's not really a rip off, it caters to people who can't afford to buy in larger quantities.

That makes it sound even more like a rip off tbh.

Would you quote the same hourly rate to someone who wanted one hour of time versus a six month contract?

Re: Dollar-stores overcharge customers while promising low prices

#679

Earlier quoted context omitted.

>I'll bet 1 share... I won't be your counterparty on that bet, you've already won: https://www.forbes.com/sites/saradorn/2025/09/15/trump-wants... One of the reasons cited? All the work it takes. Which is just an insane response. If your business is so poorly run and organized that reconciling things each quarter represents a disproportionate amount of effort, something is very wrong. It means you definitely don't kn…

I rarely agree with Trump, but I'm a former exec at a public company and he's not wrong. You need a horde of lawyers and accountants and investor relations and SOX compliance people and auditors etc for the earnings reports. SOX adds burdensome processes at every layer of the organization. Your CFO and CEO will be preoccupied by earnings. It's a real disincentive for a small/medium cap company to go (or stay) public.…

Twice a year reporting also makes it easier for insiders to cash out before bad news becomes public.

Re: Dollar-stores overcharge customers while promising low prices

#680
post #372

> Red Baron frozen pizzas, listed on the shelf at $5, rang up at $7.65. Bounty paper towels, shelf price $10.99, rang up at $15.50. This very rarely happens in MA, because when it does the store has to give you the item for $10 off, including if that makes it free. And they have to post a sign at the register explaining the law, which means when you're invoking it all you need to do is point at the sign. https://www.…

so if I find one that is has the wrong price and get $10 off, I could potentially "buy" all of them for free?

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