r/PoursTea • u/Gurugod123 Pinkie Finger Extended • Jul 27 '26

PoliticalTea 🗳️ Mayor Mamdani just announced that he will be opening 5 city-run, tax-funded grocery stores: "Prices set at 30% below retail prices"

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u/Cultural_Plan_1487 Jul 27 '26

This is amazing! I’m curious of the economics of it. Competitors will either price match or see a drastic drop in demand, especially the ones geographically adjacent to the 5 stores. That being said, if they don’t I would imagine either massive sellouts of the stores entire inventory frequently, or one of the most impressive supply chain feats we’ve seen in a while… regardless I’m rooting for its success and scaling!

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u/[deleted] Jul 27 '26

[deleted]

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u/Zestyclose-One9041 Jul 27 '26

5 government stores are going to run bodegas out of New York?

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u/SparksAndSpyro Jul 27 '26

The ones close to the 5 stores, probably. That’s literally the point: get people cheaper prices than they can get at the bodegas now lol

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u/Cultural_Plan_1487 Jul 27 '26

Agreed, it could create a situation where the City is providing virtually all of the essentials while privately owned stores can transition to products that aren’t covered by the city’s plan.