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re: First completely free grocery store opens in New York City

Posted on 2/4/26 at 5:33 pm to
Posted by Penrod
Member since Jan 2011
55500 posts
Posted on 2/4/26 at 5:33 pm to
quote:

Business Insider attended the event and found a long line.

And the time spent in the line multiplied by the price at which those lined up value their time will roughly equal the price they would have paid at a for profit store. You cannot lower what consumers pay for a product. Subsidize the product and you will get lines. Increase the subsidy and you will get longer lines.
This post was edited on 2/4/26 at 5:35 pm
Posted by ShoeBang
Member since May 2012
22271 posts
Posted on 2/4/26 at 5:35 pm to
Will polymarket let us live bet on when the first crime is committed on the premises? If so, genius marketing

It’ll be like Running Man with poor people
This post was edited on 2/4/26 at 5:36 pm
Posted by Tridentds
Sugar Land
Member since Aug 2011
23938 posts
Posted on 2/4/26 at 5:36 pm to
Somebody will attempt to rob them within a month.
Posted by 777Tiger
Member since Mar 2011
92249 posts
Posted on 2/4/26 at 5:37 pm to
quote:

Somebody will attempt to rob them within a month.


what's to rob? or the point of even having it staffed?
Posted by Tridentds
Sugar Land
Member since Aug 2011
23938 posts
Posted on 2/4/26 at 5:41 pm to
Therein lies the joke. I’ll do knock knock shite from now on.
Posted by GruntbyAssociation
Member since Jul 2013
9711 posts
Posted on 2/4/26 at 5:41 pm to
quote:

Guarantee there will be more fights in that store


Yep, last box of Jiffy cornbread and two “shoppers”want it? Look out.
Posted by SallysHuman
Lady Palmetto Bug
Member since Jan 2025
21710 posts
Posted on 2/4/26 at 5:43 pm to
quote:

It’ll be like Running Man with poor people


But you repeat yourself.
Posted by IggyReilly
New Orleans, LA
Member since Dec 2015
204 posts
Posted on 2/4/26 at 6:11 pm to
I know no one can be bothered to read articles nowadays, but at least skim the OP.

quote:

Polymarket says it's doing its own pop-up, calling it "New York's first free grocery market," for 5 days starting Feb. 12 at noon.
Free groceries, courtesy of your favorite prediction market.


It's just an advertisement for a sketchy online sports book/gambling house and it's only going to last for 5 days. I'm sure the cost of the free food they give away is just a drop in the bucket compared to the amount of VC cash they have sitting in their marketing budget.

The NFL currently doesn't allow "prediction market" companies to advertise with them (including the Super Bowl), but I imagine that will change quickly (probably as early as next year) so get ready to hear these companies names more and more.
Posted by forkedintheroad
Member since Feb 2025
2297 posts
Posted on 2/4/26 at 6:13 pm to
quote:

And the time spent in the line multiplied by the price at which those lined up value their time


Well I see a problem with your formula already....many of those people's time is worthless.
Posted by Gerry Laval
Member since Apr 2025
361 posts
Posted on 2/4/26 at 6:15 pm to
It’s people! Polymarket is PEOPLE!!!!
Posted by ShoeBang
Member since May 2012
22271 posts
Posted on 2/4/26 at 6:20 pm to
quote:

But you repeat yourself.


Yes but I’m Running Man aren’t they obstinately criminals before the game?
Posted by SallysHuman
Lady Palmetto Bug
Member since Jan 2025
21710 posts
Posted on 2/4/26 at 6:23 pm to
quote:

Yes but I’m Running Man aren’t they obstinately criminals before the game?


I think in the book it's about poor people.
Posted by Bjorn Cyborg
Member since Sep 2016
35493 posts
Posted on 2/4/26 at 6:25 pm to
They’ve had free grocery stores in California for years. Unintentionally, but still …
Posted by tigerfoot
Alexandria
Member since Sep 2006
61432 posts
Posted on 2/4/26 at 6:27 pm to
Wait till they try to tell the first brother that he can’t have all the crab legs.
Posted by I Like Cheeze
Member since Dec 2024
71 posts
Posted on 2/4/26 at 6:30 pm to
quote:

And the time spent in the line multiplied by the price at which those lined up value their time will roughly equal the price they would have paid at a for profit store


The people in line have no value for their time.
Posted by tigerlion
Member since Jul 2009
2319 posts
Posted on 2/4/26 at 6:32 pm to
I’m just picturing 1 white Karen in there apologizing and handing over her one can of green beans to an illegal.
Posted by Hangit
The Green Swamp
Member since Aug 2014
46829 posts
Posted on 2/4/26 at 6:40 pm to
This is an experiment on how to become a millionaire in 1 year.

First, take a billion dollars, open a free grocery store in an area surrounded by miscreants. Keep it fully stocked for 11 months.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
139399 posts
Posted on 2/4/26 at 6:46 pm to
Socialism in action. Who is paying for it?
Posted by pussywillows
Member since Dec 2009
6631 posts
Posted on 2/4/26 at 6:54 pm to
quote:

Shenanigans and tomfoolery


don't forget the hijinks...where there's shenanigans and tomfoolery, hijinks will always follow
Posted by The Pirate King
Pangu
Member since May 2014
68408 posts
Posted on 2/4/26 at 6:55 pm to
quote:

This will fail in grand fashion.


People will skip the line, push others out of the way, and take way more than they need, even if there's a posted limit. This isn't a hallmark movie.
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