Ok, a different viewpoint. Their reports show around a 5% profit margin . if they dropped every price 5% would everyone be happy? Maybe they should sell everything, sack the 100'000's of workers and put money in bank at 5.5% return??
So what is the answer? Maybe people are a bit lazy as well, not going to 3 shops doing all shopping at 1 etc .
I have seen huge increases in some products, did the enquiry request documents showing the buying price say 4 years ago and todays price to see the difference in the actual cost ? I am sure things can be hidden, but somewhere along the way they are making more than the 5% overall? Sparkling home brand mineral water 1.25 litre was 75c 2 years ago. Now its $1.10 . I would like the cost analysis on that 1 product as an example . Brains trust what is the solution, not allow them to expand anymore? so new entrants over time increase percentage of market share? Actually I think they cant win, if they lower prices it will be said its to put competitors out of business... (even though short term consumers will save) Interested to read others thoughts
