this post was submitted on 27 Jul 2026
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[–] DeathsEmbrace@lemmy.world 19 points 4 days ago* (last edited 4 days ago) (1 children)

I wonder if he can crack down on covinflation. That's a cancer that spreads and grows.

[–] BlackLaZoR@lemmy.world 9 points 4 days ago* (last edited 4 days ago) (4 children)

Large scale covid inflation was caused by FED printing too much money. This isn't something Mamdani can fix he can only do band-aid solutions on top of the issue.

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[–] blaggle42@lemmy.today 5 points 3 days ago (1 children)

Does anyone have a list of addresses for the grocery stores and their planned dates?

[–] osanna@lemmy.vg 3 points 3 days ago

Eww. why? you must be one of those commie bastards that are... checks notes... just trying to survive :(

Also, in a more serious, i found this: "including the selection of the first two sites in East Harlem and Hunts Point;" on here: https://www.nyc.gov/mayors-office/news/2026/07/mayor-mamdani-unveils-30--discount---including-all-produce--all-

[–] apftwb@lemmy.world 2 points 3 days ago* (last edited 2 days ago) (4 children)

Concerns with this model.

  • Scalping. What is preventing people from buying out the store in bulk and reselling outside the store for a profit.
  • 30% of what? If private grocery stores drop their prices/profits to be competitive, will these municipal stores drop their prices again? I would think a set profit rate for a municipal store would cut out price gouging, but allow private grocery stores to continue operations.
  • What are actual profit margins that grocery stores in the city are running on? Many articles say 1-3% profits are typical for grocery stores. Is this true for NYC?
  • Is this expected to a budget expense or a self funded operation after the initial investment?

EDIT: To be clear I want this to succeed. Questioning the government's implementation should be encouraged

[–] daychilde@lemmy.world 4 points 3 days ago (4 children)

Scalping. What is preventing people from buying out the store in bulk and reselling outside the store for a profit.

Others can just go to the store.

30% of what?

One assumes these stores are not trying to generate profit. Logic implies that the prices are being compared to other stores.

Your other questions don't interest me enough to look further, but I'm sure someone will.

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[–] yonderbarn@lazysoci.al 2 points 3 days ago

During the press conference a journalist asked the question on scalping and the EDC director said that they would have mechanisms in place to prevent it.

[–] Bane_Killgrind@lemmy.dbzer0.com 2 points 3 days ago (1 children)

Scalping. What is preventing people from buying out the store in bulk and reselling outside the store for a profit.

You're going to buy out all the lettuce and expect to move the volume of a grocery store on your lonesome? With all the labor of buying it out of their storefront, repacking, etc? If you want it that bad, go for it. Do you do this now, or something?

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