The DU Lounge
Related: Culture Forums, Support ForumsMy local market advertises that it's lowering prices everyday! If so why isn't anything
free yet?
marylandblue
(12,344 posts)Floyd R. Turbo
(26,546 posts)Lindsay
(3,276 posts)where they raise prices first, then lower them.
(My local grocery store does this all the time.)
ghostsinthemachine
(3,569 posts)At my local Winco (I did the signs when the store opened), and yesterday at that same store the bananas were 53 cents a pound?
Flaleftist
(3,473 posts)1998 64,915,704 tons
2016 113,280,302 tons
http://www.factfish.com/statistic-country/world/bananas%2C%20production%20quantity
That they are mostly produced in countries with a very low labor cost is also a factor.
klook
(12,154 posts)They have their own circadian rhythm. Every night, prices go up, and every day they go down. So your grocer isn't lying when he talks about lower prices "every day."
The swing is more pronounced when the moon is full. Of course, then more shoppers have raging hormones and high-flying emotions, so they buy, buy, buy no matter the price -- especially wine, chocolate, and Oreos.
This is detailed in greater depth in my new book, Ripoff Tide: Why Money Flows Like Water Through Your Fingers.
Cirque du So-What
(25,938 posts)Can that actor lady possibly become any more annoying?