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re: Mamdani excited first city owned grocery. 30 million dollar project

Posted on 4/13/26 at 2:43 pm to
Posted by teke184
Zachary, LA
Member since Jan 2007
105190 posts
Posted on 4/13/26 at 2:43 pm to
That total is going to multiply shortly if they keep restocking it after all the “shrinkage” that will inevitably happen.
Posted by doubleb
Baton Rouge
Member since Aug 2006
43082 posts
Posted on 4/13/26 at 2:50 pm to
I hope it goes well. If it does the next trick will be to turn water into wine.
Posted by CleverUserName
Member since Oct 2016
18148 posts
Posted on 4/13/26 at 2:53 pm to
quote:

Mamdani excited first city owned grocery. 30 million dollar project


So the he lied about a budget crisis and just used it as an excuse to raise taxes? Color me SHOCKED.

I'm loving how fast this coming train wreck is accelerating towards derailment.
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
92633 posts
Posted on 4/13/26 at 3:04 pm to
Usually 3-5 percent is the margin

These frickers next step will be to force suppliers to drop prices for the government store or lose the ability to supply anyone in the city
Posted by LLeD
Member since Apr 2026
586 posts
Posted on 4/13/26 at 3:09 pm to
(no message)
This post was edited on 6/14/26 at 1:11 pm
Posted by PaulDrake
L.A. & Bayou Pa Pon
Member since Feb 2023
1028 posts
Posted on 4/13/26 at 3:15 pm to
All this hoopla and the taxpayer funded store is not even open and may not ever open.

Normally you would take the victory lap once the store is open and successful.

Likely that will not happen so Mambamby decided to celebrate now?




Posted by LLeD
Member since Apr 2026
586 posts
Posted on 4/13/26 at 3:18 pm to
(no message)
This post was edited on 6/14/26 at 1:11 pm
Posted by mtntiger
Asheville, NC
Member since Oct 2003
29915 posts
Posted on 4/13/26 at 3:23 pm to
$30 million to open the store.

I'll say $5-$7 million losses the first year, and more each year thereafter.

With communists, you get communism and eventually he will run out of rich people to shake down. When that happens, the middle class ain't gonna like Mamdummy's next moves.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
83584 posts
Posted on 4/13/26 at 3:35 pm to
quote:

This time it will be better!


Posted by Stat M Repairman
Member since Jun 2023
3385 posts
Posted on 4/13/26 at 3:47 pm to
Marxists love to run a grocery store!

It's just that simple for them.
Posted by Ten Bears
Florida
Member since Oct 2018
5237 posts
Posted on 4/13/26 at 3:53 pm to
quote:

They'll have to find trustworthy workers


$100 they will be unionized
Posted by Nosevens
Member since Apr 2019
20446 posts
Posted on 4/13/26 at 4:03 pm to
Margins are nowhere near 20% in grocery prices, 3-4%
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
92633 posts
Posted on 4/13/26 at 4:05 pm to
Bingo it's the ultimate volume sales program
Posted by uaslick
Tuscaloosa
Member since May 2011
1327 posts
Posted on 4/13/26 at 4:05 pm to
Trump Jr should open one down the street from this in 30 days for less than 3 million. Of course, the zoning department would never issue a permit to him. Would have to use a shell company.
Posted by Gusoline
Jacksonville, NC
Member since Dec 2013
11164 posts
Posted on 4/13/26 at 4:07 pm to
quote:

cost taxpayers about $30 million to open,


quote:

scheduled to be up and running next year.


Just like every other democrat project, the money will disappear and nothing will get built. If anything they'll siez3 someones existing store and slap a new label on it.
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
92633 posts
Posted on 4/13/26 at 4:07 pm to
Exactly

The city will ultimately hold distributors hostage.

The union employees will be robbing the place blind
Posted by Miketheseventh
Member since Dec 2017
7116 posts
Posted on 4/13/26 at 4:08 pm to
quote:

I wonder how much it costs for an established chain to open a store in the New York metro area?

They would have to do a cost analysis to see if it was plausible. There is a reason there are no stores in the area
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
92633 posts
Posted on 4/13/26 at 4:09 pm to
First thing they will do is blame grocers for undercutting the city owned store.

Then demand laws to level the playing field.
Posted by lake chuck fan
Vinton
Member since Aug 2011
24923 posts
Posted on 4/13/26 at 4:12 pm to
I wonder if he seriously thinks that somehow this attempt at socialism will be successful?
Posted by Captain Rumbeard
Member since Jan 2014
7452 posts
Posted on 4/13/26 at 4:12 pm to
This will be the worlds first grocery store that managed to lose a billion dollars in one location.
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