return2ozma@lemmy.world to News@lemmy.world · 8 months agoEuropean Supermarket Giant Drops Pepsi and Lay’s Over Price Increaseswww.wsj.comexternal-linkmessage-square62fedilinkarrow-up1457arrow-down18
arrow-up1449arrow-down1external-linkEuropean Supermarket Giant Drops Pepsi and Lay’s Over Price Increaseswww.wsj.comreturn2ozma@lemmy.world to News@lemmy.world · 8 months agomessage-square62fedilink
minus-squareGeneral_Effort@lemmy.worldlinkfedilinkarrow-up3·8 months agoHow aren’t lower prices a benefit for consumers in principle? (Leaving aside specific questions about health and that Pepsi is overpriced anyway.)
minus-squareYonderCrawdad@lemmy.worldlinkfedilinkarrow-up4·8 months agoBasically prices will still go up and the supermarket will get a wider profit margin to smooth things over so consumers will still get a brunt of the price increase.
minus-squareGeneral_Effort@lemmy.worldlinkfedilinkarrow-up2·8 months agoThanks, I see my misunderstanding now. You’re saying that this doesn’t push down prices far enough, not that there isn’t any benefit.
How aren’t lower prices a benefit for consumers in principle? (Leaving aside specific questions about health and that Pepsi is overpriced anyway.)
Basically prices will still go up and the supermarket will get a wider profit margin to smooth things over so consumers will still get a brunt of the price increase.
Thanks, I see my misunderstanding now. You’re saying that this doesn’t push down prices far enough, not that there isn’t any benefit.