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Better Make Sure They Stop The Price Gouging (Read 871 times)
Bobby.
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Re: Better Make Sure They Stop The Price Gouging
Reply #30 - Mar 4th, 2026 at 3:10pm
 
Coles Pink lady apples    $8.90 per kilo


It was mentioned just now in Federal parliament.

https://www.coles.com.au/product/coles-pink-lady-apples-medium-approx.-200g-each...



It's clear that someone is making an awful lot of money out of some lousy apples.

Some would call it price gouging.
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freediver
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Re: Better Make Sure They Stop The Price Gouging
Reply #31 - Mar 4th, 2026 at 3:20pm
 
So don't shop there Bobby. You have plenty of choices.

If you are so sure that coles is price gouging, can you tell us what their net profit margins are?
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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.
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Bobby.
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Re: Better Make Sure They Stop The Price Gouging
Reply #32 - Mar 4th, 2026 at 3:24pm
 
freediver wrote on Mar 4th, 2026 at 3:20pm:
So don't shop there Bobby. You have plenty of choices.

If you are so sure that coles is price gouging, can you tell us what their net profit margins are?



They claim overall 5% don't they?

I think it's a lot more for some products.    Embarrassed
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Dnarever
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Re: Better Make Sure They Stop The Price Gouging
Reply #33 - Mar 4th, 2026 at 4:05pm
 
I was in woolies today. The deoderent was half price about $5.70 or close. I seem to remember this being the normal full price about 12 months ago.
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Bobby.
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Re: Better Make Sure They Stop The Price Gouging
Reply #34 - Mar 4th, 2026 at 4:28pm
 
Dnarever wrote on Mar 4th, 2026 at 4:05pm:
I was in woolies today. The deoderent was half price about $5.70 or close. I seem to remember this being the normal full price about 12 months ago.



Like Coles -  down down prices are down.    Grin
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freediver
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Re: Better Make Sure They Stop The Price Gouging
Reply #35 - Mar 4th, 2026 at 5:17pm
 
Bobby. wrote on Mar 4th, 2026 at 3:24pm:
freediver wrote on Mar 4th, 2026 at 3:20pm:
So don't shop there Bobby. You have plenty of choices.

If you are so sure that coles is price gouging, can you tell us what their net profit margins are?



They claim overall 5% don't they?

I think it's a lot more for some products.    Embarrassed


Less than that Bobby.

When you see people calculating the markup of one item at a time, they are usually assuming that the staff work for free and the landlord charges no rent.
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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.
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Bobby.
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Re: Better Make Sure They Stop The Price Gouging
Reply #36 - Mar 4th, 2026 at 5:19pm
 
freediver wrote on Mar 4th, 2026 at 5:17pm:
Bobby. wrote on Mar 4th, 2026 at 3:24pm:
freediver wrote on Mar 4th, 2026 at 3:20pm:
So don't shop there Bobby. You have plenty of choices.

If you are so sure that coles is price gouging, can you tell us what their net profit margins are?



They claim overall 5% don't they?

I think it's a lot more for some products.    Embarrassed


Less than that Bobby.

When you see people calculating the markup of one item at a time, they are usually assuming that the staff work for free and the landlord charges no rent.



Sure and they have massive taxes to pay too.
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lee
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Re: Better Make Sure They Stop The Price Gouging
Reply #37 - Mar 4th, 2026 at 5:22pm
 
But it is the way averages work. Some higher, some lower.  Wink
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