As a result of Food Lion threatening Walmart’s price gap, Pepsi created a plan to nudge Food Lion’s retail prices on Pepsi products upward by reducing promotional payments and allowances to Food Lion and raising other costs for Food Lion. The plan advised that Pepsi “must commit to raising rate [on Food Lion] faster than market by minimum annually.”…

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The idea of the single price store, where a price is transparent and is the same for everyone, was created by department store magnate John Wanamaker in the post-Civil War era. Before founding his department store, Wanamaker was the first leader of the YMCA. He also created a Philadelphia mega-church. His single price strategy was part of an evangelical movement to morally purify America, the “Golden rule” applied to business. The price tag was political, an explicitly democratic attempt to treat everyone equally by eliminating the haggling and extractive approach of merchants.

a land of contrasts with modern evangelicals

The only rational system, tho

Literally just the bourgeoisie forming unions and organizing to advance their class interests. Funny how this doesn't "hurt the economy".

No shit, it’s horrendous in the UK. “Cost of living crisis” my ass, the economy is in the toilet and yet all the biggest supermarkets are making record profit. Even ”budget store” Aldi is just somewhat reasonably priced now.

Been saying it for ages. When you get price gauged at the store and gas station in this country, you’re being robbed using excuses fed to you by the media. They all look for opportunities to charge people more. The tariffs have been the ultimate excuse. Guess they got hungry for more after covid.

Does that break any laws? Are we going to get a $50 voucher for pepsi products sold at walmart or something?

Another reason to deeply loathe corporatism, in the political and business senses of the word.