If someone opened a store and just sold stuff at cost, which undercuts every other competitors by alot. Would this not for the big corps to come way down on their prices?

https://lemmy.world/post/44722285

If someone opened a store and just sold stuff at cost, which undercuts every other competitors by alot. Would this not for the big corps to come way down on their prices? - Lemmy.World

Lemmy

How would this store afford to pay its employees, rent and utilities if it only sold things at cost? One store alone would also make no difference, you’d need a chain of many stores.
I am talking like a small town. Buy.build business outright have a couple investors for tax purposes and only employee people going thru hard times who want to work and give them a percentage in store. Cover all insurance cost and everything.
I suggest having a side business to help prop this ‘at cost’ idea up. Could be as simple as a moving truck rental business.