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I've heard this about Dutch stores as well. Supermarkets sell banana's at 0% margin or even a loss simply because it lures customers in.
by apexalpha 7y ago
I've heard this about Dutch stores as well. Supermarkets sell banana's at 0% margin or even a loss simply because it lures customers in.
- nimajneb 7y agoThey have been 49 cents per pound in the grocery store in NY, both where I grew and in WNY for as long as I can remember. They have got to be at a loss if you consider they don't adjust for inflation or gas prices, etc. Milk does this too if I'm not mistaken, a lot of grocery stores use that as a customer lure as well.
- disillusioned 7y agoOr, put another way, because they HAVE to sell them: if you're the grocery that _doesn't_ carry bananas, people will move their shop elsewhere.