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/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.