Management would be getting all kinds of clues from HQ about what we can really expect. They’d know why grocery store shelves suddenly seem to go empty in ways I can’t ever remember.
Management would be getting all kinds of clues from HQ about what we can really expect.
I have family highly placed in a very large grocery store chain. Trust me, its a reactive business model. The price of cereal is the price of cereal. The stores don't buy it on the future's market and for many items the manufacturer/supplier "rents" the shelf space from the grocer.
When you get a sales flyer that shows bananas, toilet paper and soda, the price you see is often less than the store's cost. The prices in the flyer are guided somewhat by historical prices, but prices in general are based on what the other guy is selling the same product for. IOW, the prices for products in most stores are set in Bentonville Arkansas.