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

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