No changes here today in Savannah, GA. Still as coupon friendly as always.
I googled and found the information out on Wikipedia. It's good to learn new things! TY.
I also should be thanking all the peeps who always shop without coupons. Today a couple just finishing up when I got in line. Their total was $218 and it all fit in one cart. :shrug7:
From Wikipedia, the free encyclopedia
A
slotting fee,
slotting allowance[1],
pay-to-stay, or
fixed trade spending[2] is a fee charged to produce companies or manufacturers by
supermarket distributors (retailers) in order to have their product placed on their shelves.
[3] The fee varies greatly depending on the product, manufacturer, and market conditions. For a new product, the initial slotting fee may be approximately
$25,000 per item in a regional cluster of stores, but may be as high as
$250,000 in high-demand markets.
[4]
In addition to slotting fees, retailers may also charge promotional, advertising and stocking fees. According to an FTC study, the practice is "widespread" in the supermarket industry.[
citation needed] Many grocers earn more profit from agreeing to carry a manufacturer's product than they do from actually selling the product to retail consumers. According to retailers, fees serve to efficiently allocate scarce retail shelf space, help balance the risk of new product failure between manufacturers and retailers, help manufacturers signal private information about potential success of new products, and serve to widen retail distribution for manufacturers by mitigating retail competition.[
citation needed] Vendors charge that slotting fees are a move by the grocery industry to profit at their suppliers' expense.[
citation needed]
Originally Posted by Mom2Natalya We all need to keep in mind that Publix is not losing money over us. Yes, technically, double coupons and competitor coupons are a loss to them in the short run, but how many people do you brag on and on about Publix to that end up shopping there that DON'T extreme coupon like we do?? I know I have brought in quite a few shoppers to Publix that were previously shopping at Kroger and Food Lion. And that is the point.
Also, don't forget about things like SLOTTING FEES. (If you don't know what this is- go hit google). Stores make more money in other ways than just selling products.
Trust me, Publix is doing just fine and can afford to take our coupons. |