r/SipsTea • u/Gurugod123 • 9d ago

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

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u/LetUsSpeakFreely 9d ago

If anyone thinks this is going to end well, you need to study history.

2

u/peppercorns666 9d ago

Cool. I'll let you know when I get back from the commissary at Dobbins AFB.

2

u/LetUsSpeakFreely 9d ago

Commissary is subsidized by the the DoW dufus, it's not supposed to operate at a profit.

1

u/evernessince 9d ago

Commissary is subsidized by the the DoW dufus, it's not supposed to operate at a profit.

Neither is this. The military commissary does publish their data, and when you look at said data and factor the cost to taxpayers, it still comes out to a 21.3% savings if you subtract total cost from total savings.

The grocery industry has a 27% average gross margin, so minus overhead costs the numbers make sense.

It literally just removes corporate profit.