The Forum > General Discussion > Families struggling with grocery prices
Families struggling with grocery prices
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Has anyone a view on predatory pricing, used by the big stores to force a smaller operator in the same local out of business. Its quite simple, example F&V BIG opens new store in LITTLES centre price of bananas in LITTLES $1.99/kg they cost him $1/kg BIG puts bananas in at $1.49, mean while at the other 7 BIG stores within 10Km bananas are $2.49/Kg and will remain so for a time, they cost BIG $0.80c/kg LITTLE matches the price $1.49, BIG now drops the price to $0.99c/kg LITTLE has to follow, now $0.79C at BIG's. Within no time LITTLE is out of business. The new banana price at BIG's all over town $2.99. That's just bananas.