Frugal U.S. consumers make it tough for food companies to raise prices

Comments (3)
Lkeavey wrote:

As if the average mother of a family doesn’t know all this. Down sizing of package size and raising the price at the same time is a sure method of cutting sales. But they keep doing it. The consumer is not a dumb as they think.

May 14, 2014 9:39am EDT  --  Report as abuse
Lkeavey wrote:

As if the average mother of a family doesn’t know all this. Down sizing of package size and raising the price at the same time is a sure method of cutting sales. But they keep doing it. The consumer is not a dumb as they think.

May 14, 2014 9:39am EDT  --  Report as abuse
mikentina02 wrote:

Food retailers just keep shooting themselves in the foot. All retailers do. The consumers can’t keep footing the increases for larger exec pay, company bonuses, investor dividends and added expenses for additional middle men. The consumers are also the people companies employ. They cut workforces and compensation. They cut quantity and quality. They increased profits continualy. The tipping point has already been passed. My area has seen the biggest increase in farms and farm stands as well as private meat markets since the 70′s. Grocery stores are starting to look like ghost towns and 2 have closed in the past 5 years. The big fast food chains are shutting down stores left and right and local delis and resturaunts are staring to open up. The Amish around here are making a killing.

Do the math. Farm stand broccoli .69/lb grocery store .99/lb. Amish chicken 3.99/lb grocery store 5.99/lb. Crappy mcDonalds meal 8.99. A fresh burger, fries, a beer and tip at Billys Burgers 8.99.

May 14, 2014 1:09pm EDT  --  Report as abuse
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