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https://www.cbc.ca/news/business/loblaw-perishable-food-discount-1.7148084
https://www.cbc.ca/news/business/loblaw-perishable-food-discount-1.7148084
There was once a cart full of mouldy strawberries marked down 30% in my local Loblaws store.
What's the incentive for stores to hold onto perfectly good food thay they'll be forced to throw away?
Why not price it so it's not wasted?
I'd rather see reasonably priced food be sold out than overpriced food be thrown away.
The same reason they don't lower prices over all so that people buy more. Someone has run the numbers and they make more money this way. That is always going to be the answer.
This is the best summary I could come up with:
"Clearly they can afford it if some stores are offering it," he said, adding that by keeping the discounts at 30 per cent, it makes it difficult for some shoppers to buy what they need "to be able to feed their families properly."
"All of the discounts went back to what they were previously, which ranged between 30-50% off depending on store type … and product," said Loblaw spokesperson Catherine Thomas in an email.
Even so, the company's public flip flop sparked new complaints, because it shed light on the fact that some of its grocery stores offer deeper discounts than others.
Customer Warren Chapman argues that the company's explanation that Real Canadian Superstore doesn't do half-off deals is flawed.
"I think that they need to have a better understanding of the landscape of what's happening in Canada and do better," said Tammara Soma, a food policy expert and associate professor at Simon Fraser University in Burnaby, B.C.
A survey commissioned by his lab found that out of 2,880 Canadians polled in late January, 59 per cent consistently seek out discounted food products.
The original article contains 942 words, the summary contains 181 words. Saved 81%. I'm a bot and I'm open source!