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“We also allege that in many cases both Woolworths and Coles had already planned to later place the products on a “prices dropped” or “down down” promotion before the price spike, and implemented the temporary price spike for the purpose of establishing a higher “was” price.

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[-] rainynight65@feddit.org 1 points 1 month ago

It's a pity the small chains do exactly the same shit.

My local supermarket (formerly an IGA, now Drake's) recently did that with an item I buy regularly. Bumped the price up from $26 to $45, only to have it 'on sale' a week later for $28. Wouldn't be surprised if that's the only instance.

The funny thing is that I could have probably lived with the direct price increase, but that doesn't sell as well to the people who aren't paying attention. All they see is the 'price drop' sticker.

this post was submitted on 23 Sep 2024
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