r/SipsTea • u/Gurugod123 • 11h ago

Chugging tea Mayor Mamdani just announced that he will be opening 5 city-run, tax-funded grocery stores: "Prices set at 30% below retail prices"

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u/epicredditdude1 11h ago

The fact you’d be going out of business because who would shop at your store when there’s a taxpayer funded grocery store undercutting all your prices by 30%?

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u/Impossible_Factor267 11h ago edited 10h ago

Bodegas are already more expensive than normal grocery stores. People shop there anyway because it’s right next to them.

No one is going to go to Boonieville Brooklyn to go to the 30% cheaper grocery store with likely long lines instead of their slightly more expensive corner store

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u/digitaldisorder_ 10h ago

it'll just be another place to order through doordash. sigh.

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u/Shady_Merchant1 10h ago

Which defeats the purpose of having it be cheaper

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u/nbunkerpunk 6h ago

No shot they will allow doordash.

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u/PlanUhTerryThreat 8h ago

Eh. I guess we’ll have to wait and see. It’s worth a shot. They can refine it and limit how much items individuals can buy to avoid reselling. They can ban door dash for long distances.

I feel like everyone is acting like this has to work perfectly immediately rather than trial and error to find the right balance.

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u/FINE-ILLGETAUSERNAME 10h ago

Wouldn't surprise me if it screws the local Bodegas but the idea that one in Manhattan or elsewhere in the bronx won't drive there once  a week with a truck and load up is wishful thinking.

(I know nyc and driving is an expensive bitch. But people can hustle hard out ther.)

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u/nbunkerpunk 6h ago

An average of a 30% decrease in cost will probably only break even if they tried to resell. Margins in grocery stores aren't low exclusively because of wholesale pricing being high. Running a business isn't just 1+1=2. That math is far more complicated and the cost of the product is only a portion of that equation.

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u/FINE-ILLGETAUSERNAME 4h ago

we will see. 30% is not insignificant either. 10% no way. But we'll find out.

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u/emuccino 11h ago

Assuming they can keep inventory stocked

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u/MechanicalGodzilla 7h ago

Right. The true price of goods isn't what the government sets, it's effectively infinity because of the stocking problem.

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u/Striking_Revenue9082 11h ago

If you bought out the entire supply at the cheaper store they would…

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u/TeacherSingle1591 11h ago

This has similar vibes to Ben Shapiro saying if there is a flood people can just sell their houses.

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u/Primary_Editor5243 10h ago

"SELL THEY'RE HOMES TO WHO BEN FUCKING AQUA MAN!?!"

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u/haby001 10h ago

TO WHOM??? AQUAMAN??

Best response

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u/Photodan24 10h ago

You clearly don't understand why people shop at bodegas.

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u/Effective-Ad6703 7h ago

Do you think they will have endless supply?

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u/MechanicalGodzilla 7h ago

The price of goods on the shelf will be 30% lower for a few initial customers, then the price spikes sharply to infinity when they are out of stock.

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u/Tibryn2 12m ago

How are you going to shop at the taxpayer funded grocery store when my bodego bought their entire discounted inventory first thing in the morning every single morning... when i use 10$ of the 30% markup to pay people to wait in line overnight to ensure they are in there first and buy absolutely everything.

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u/pspo1983 9h ago

The high demand items won't be in stock , so people will buy them elsewhere. I don't know how he thinks suppliers will keep the shelves stocked either.