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?
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?
which undercuts competitors by a lot
Not by a lot. First thing you got wrong is that local grocery stores run on high margins. They aren’t.
Second: Your non profit store would still be more expensive than shopping mall, because shopping mall benefits from economics of scale. A lot.
Where I live large scale Carrefour is like 25% cheaper than small scale Carrefour Express