I heard on the radio that food prices are expect to rise. I buy soda in the 2 litter bottles at Walmart for $1.00. Two weeks ago, the price on all soda products jumped 50% to $1.50. This was across the board for all name manufacturers: Coke, Pepsi, Sunkist, Canada Dry, etc, as if the major producers had gotten together and fixed the prices. At regular grocery chains, the price also rose 50% to above $2.00 a bottle. So I went to the local drive in where a medium Coke had cost $1.10, and that had gone up to $1.80.
OK, I got my nose out of joint and decided to buy the generic brands, which I don't think are quite as good, but at 67 cents/ 2 liters, they are just fine. Generic brands, price rebels that they are, did not go up at all.
I noticed today at Walmart, that all major soda brands were back down to $1.00. What caused the price spike? A trial balloon to see how much they could gouge consumers that didn't go over well? Temporary shortage? Anyone got any ideas?
Gouging. I see it all the time at the store where I work.
Sent from my iPad using Tapatalk. Titty sprinkles.
That's my first guess, but a 50% increase seems like outright distain for the consumer.
Quote from: SGOS on May 30, 2014, 05:06:07 PM
That's my first guess, but a 50% increase seems like outright distain for the consumer.
For starters, I wouldn't be looking at much concern for customers from Walmart.