The names on the outside are different, but most grocery stores are owned by the same companies — yet CTV News shopped around and found they charge significantly different prices for the same items.
It’s called you make a $0.10 jar of sauce, sell it for $5 at no frills and $7 at loblaws.
Either way, you’re making hella profit, and you know people at loblaws will buy it for $7 because they are rich and don’t want to have to go to a second store.
Just like how gas is cheaper in unsafe areas. They know the people around aren’t rich, which is usually why it’s unsafe, and that the actual rich people would rather pay more to stay in the safe area.
It’s called you make a $0.10 jar of sauce, sell it for $5 at no frills and $7 at loblaws.
Either way, you’re making hella profit, and you know people at loblaws will buy it for $7 because they are rich and don’t want to have to go to a second store.
Just like how gas is cheaper in unsafe areas. They know the people around aren’t rich, which is usually why it’s unsafe, and that the actual rich people would rather pay more to stay in the safe area.
Where can I find this correlation on cheap gas prices and low income areas? Any published papers?
Outside is the best place to find it.