Savvy shoppers know they can save big on a loaf of bread at Dollarama. But at more than a dozen of the Quebec-based company’s stores in Nova Scotia, there’s no bread on the shelves. Those stores have one thing in common: there’s a Sobeys nearby. Mary Wilson went shopping at Dollarama’s Cole Harbour location last […]
Yes this is true. But what do you think is the reason? Like is it because there’s heavy metals in the dye, so the plate is kinda toxic? Or maybe because it’s just too fragile, chips easily, etc?
As the consumer I don’t know what regulatory loopholes they are exploiting when they state “decorative use”. I doubt the average consumer has the time to do this research. Because a plate is a plate and people will use it to put food on when it’s sold in that way, the intended usage is obvious regardless of the tiny disclaimer.
Let’s be real, in this case we’re talking about Sobey’s, not a Mom n’ Pop grocery store. This is a company making record profits and a significant driver of inflation, they’re not going to shut down because Dollarama is selling bread.
They have this year, but interest rates are also up.
Their longer-term average profit margin is only 1.77%. That’s not good. Most business need a 10% profit margin to be considered healthy. Most other business doing as poorly as they would have closed their doors years ago!
However, it works in their case because the retail profit’s purpose is only to service the debt, expecting the actual profitability to come from land and capital appreciation. It is no surprise that their profit margin is up this year commensurate with interest rates.
they’re not going to shut down because Dollarama is selling bread.
They very well might. They haven’t left too much room for error in the margins. Given all the bread scandals we’ve heard about lately, one would be inclined to think it must be a grocery store’s cash cow.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !canada@lemmy.ca
deleted by creator
Hmm, there’s some stuff I’ve seen in dollar stores that could be used to make a healthy meal, like canned vegetables. Do they ever sell milk?
I honestly can’t shop at them, the deals are mostly terrible, and quite frankly I’m betting that half the product isn’t even legal.
Ever tried to buy a plate or cup there?
Read the labels carefully, they mostly say that they’re “decorative” and not to be used for food
Yes this is true. But what do you think is the reason? Like is it because there’s heavy metals in the dye, so the plate is kinda toxic? Or maybe because it’s just too fragile, chips easily, etc?
As the consumer I don’t know what regulatory loopholes they are exploiting when they state “decorative use”. I doubt the average consumer has the time to do this research. Because a plate is a plate and people will use it to put food on when it’s sold in that way, the intended usage is obvious regardless of the tiny disclaimer.
The dye isn’t food rated, nor is the glass.
Yes mostly heavy metals for the glass items.
For the plastic items it’s mostly leaking plastic and estrogen into your food.
PSUEDO estrogens, which are also just plastics.
No plastics manufacturers are harvesting estrogen from women and infusing their goods with it.
My bad, but the point still stands, even with a minor correction
Let’s be real, in this case we’re talking about Sobey’s, not a Mom n’ Pop grocery store. This is a company making record profits and a significant driver of inflation, they’re not going to shut down because Dollarama is selling bread.
They have this year, but interest rates are also up.
Their longer-term average profit margin is only 1.77%. That’s not good. Most business need a 10% profit margin to be considered healthy. Most other business doing as poorly as they would have closed their doors years ago!
However, it works in their case because the retail profit’s purpose is only to service the debt, expecting the actual profitability to come from land and capital appreciation. It is no surprise that their profit margin is up this year commensurate with interest rates.
They very well might. They haven’t left too much room for error in the margins. Given all the bread scandals we’ve heard about lately, one would be inclined to think it must be a grocery store’s cash cow.
deleted by creator
Walmarts and Sobeys are the reason local grocery stores hardly exist anymore.
Here is an alternative Piped link(s): https://piped.video/vQpUV--2Jao?si=CjovSUuWrHZ4n3QE
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source, check me out at GitHub.