Question:

Poll: Do you feel supermarkets are taking advantage of the gas price increases to raise their prices ?

by  |  earlier

0 LIKES UnLike

For substantially higher profits

 Tags:

   Report

8 ANSWERS


  1. Cost of food includes the cost of transportation.

    Diesel has tripled for truckers as well as gas.

    Do you honestly think that all the competition in groceries are conspirators?

    That's the most competitive business in the market place.


  2. Of course they are, in big business anything is game. If the soul of someone had monetary value they (big business) would probably find a way to get it... Gas at this point in time is what we could call liquid gold. Therefore making everything else even store brands increase.

  3. Without a doubt, basic economic principles account for most of the increase in the wholesale cost of food worldwide. Bad weather has hurt crops. Economic prosperity has driven up demand in developing countries. And soaring fuel prices have raised transportation costs. Mix in investors betting on continued food-price inflation and you have a recipe for a run-up. Love, honey

  4. THEY  are  not  making  more  profit...HOW do you think that stuff gets  there?  IT  is by  diesal  which  has  skyrocketed.  DONT  you see  those  trucks  in your  town>>> Why  should  they  take  less profit to deliver it  then before  when it  costs 25%  MORE  to get it to warehouse  or  stores>>>  IT is  a  dominoe  effect that is  HURTING  everyone.  *mamatx

  5. It's probably costing the supermarkets more money to have the food transferred to the store because gas prices are so high.  Therefore they have to raise their prices too.  It's such a mess!

  6. The price of fuel affects everyone. The manufacturers are raising the price that the retailer pays because they are paying more to make the products and get the products to the retailers. Therefore, the retailers must raise prices in order to keep their heads above water. The only ones making a substantially higher profit are the oil companies.

  7. YES,  have you noticed the price of COffee!!!  DOUBLE price,  and freakin  shrimp,

  8. No to be honest I think most supermarkets are taking a drop in profits by not passing the full increase of their delivery costs on to customers.

Question Stats

Latest activity: earlier.
This question has 8 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.