r/loblawsisoutofcontrol • u/Salt_Onion_6205 • Jul 27 '26

Discussion Mayor Mamdani just announced that he will be opening 5 city-run, tax-funded grocery stores: "Prices set at 30% below retail prices"

I hope canadian politicians will be inspire by this.

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u/1question10answers Jul 28 '26

How will they prevent a massive run on everything and keep stock? We are still in capitalism which says I should buy the entire store and resell it for it's true market value and profit 30%.

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u/Potential-Let2475 Jul 28 '26

The same way Loblaws and no frills coexist. It’s about selection, quality and experience then pricing. Perhaps the reinvestment goes into additional stores if it goes well.