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Message
re: Based Jeff Bezos cutting prices at Whole Paycheck
Posted on 8/24/17 at 4:22 pm to SirWinston
Posted on 8/24/17 at 4:22 pm to SirWinston
quote:
Capitalism over 100 years is similar to a game of "Monopoly". Once the eventual "winners" cross the rubicon, the game is unlosable and the gap between them and the "losers" will exponentially widen.
This is true. I realized this watching "the cars that built America" going through the history of the auto industry.
Seems every industry goes through stages. The pioneer stage where something new is invented and changes the world. Then the growth stage where everyone seeks to get into this new industry and money pours in and there's healthy competition and massive growth. Then a recession stage where the heated competition leads to greed and unethical business practices causing many to go out of business trying to get an edge over competitors. Then a consolidation stage where the few big dogs who emerge from the recession stage consolidate or buy out the competition and take the entire market. Then the industry coasts being led by a few big players with little competition other than niche markets.
0
Posted on 8/24/17 at 4:34 pm to Seldom Seen
quote:
Bezos is clearly not a good guy. Why people want to keep lining his pockets with money is beyond me.
he's a meanie to muh president 
Posted on 8/24/17 at 4:36 pm to Iosh
Time to wean America from both the river and its new acquisition.
Posted on 8/24/17 at 4:38 pm to SirWinston
But, but, it's comrade Bezos and he loves liberal causes and will do anything to improve the lives of the proletariat! 
Posted on 8/24/17 at 4:40 pm to HailHailtoMichigan!
quote:
HailHailtoMichigan!
Premium grocers aren't really a perfectly competitive market. "Experience" grocers - like Whole Foods - definitely aren't a perfectly competitive market.
Posted on 8/24/17 at 4:43 pm to SirWinston
quote:good.
This could eventually hurt foodservice distribution
Distribution laws are ridiculous. Some times a middle man is good cause it helps people on either side but a lot of time the middle man is just skimming money.
There is no reason a business should be required to use a distributor if they figure they can deliver themselves. (See the 3 tiered beer system) No reason small breweries shouldnt be allowed to distribute to local bars.
Posted on 8/24/17 at 4:45 pm to boosiebadazz
quote:
he's a meanie to muh president
To the point that he actually bought a newspaper just to run his propaganda. Like I said, not a good guy.
Posted on 8/24/17 at 4:45 pm to Iosh
The river's deliveries are a mess lately. Late in arriving, repeatedly incorrect, etc. We are beginning to source elsewhere.
This post was edited on 8/24/17 at 4:54 pm
Posted on 8/24/17 at 4:47 pm to AbuTheMonkey
The people who need an 'experience' as part of buying groceries deserve to pay the prices charged by the 'experience' grocer. 
Posted on 8/24/17 at 4:51 pm to conservativewifeymom
quote:I hardly buy much at Whole Foods, but I enjoy being able to drink while I peruse the store. Plus their bar area has pretty good happy hour deals.
The people who need an 'experience' as part of buying groceries deserve to pay the prices charged by the 'experience' grocer.
Posted on 8/24/17 at 4:52 pm to conservativewifeymom
quote:
The people who need an 'experience' as part of buying groceries deserve to pay the prices charged by the 'experience' grocer.
I'd same the same thing about someone buying a McLaren or a $5,000 handbag or getting a $500 massage or $300 haircut or building a 60,000 square foot house - not my cup of tea, but it's a market and one that can be very profitable for effective firms.
Posted on 8/24/17 at 4:53 pm to buckeye_vol
Well, I guess you're not there for the principal raison d'etre of the store, namely selling groceries.
Posted on 8/24/17 at 6:15 pm to Iosh
If JB wants to cut prices at WF, that's his prerogative . But, I think the appeal of WF is that no poors and very few middle class shop there. If poor people begin to show up, I can see another grocer filling the gap.
Posted on 8/24/17 at 6:52 pm to TrueTiger
quote:
I like my Aldi.
I do too. I just have a bad habit of forgetting my bags.
Posted on 8/24/17 at 7:13 pm to Pinecone Repair
quote:That's better than not having a quarter for the cart.
I do too. I just have a bad habit of forgetting my bags.
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