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Ketan Joshi
@ketanjoshi.co
Fighting alongside my friends for the best possible pathway to climate justice and fossil fuel elimination. Anti-greenwashing. Creator / curator of Greensky: tinyurl.com/3jk8zrt8 ketanjoshi.co/ ketan.joshi85@gmail.com
12.7k followers1.9k following11.5k posts
KJketanjoshi.co

How supermarkets intentionally spike the prices of products then slightly decrease them: framing that as a "discount" -->> www.theguardian.com/business/202... (so many overlaps with emissions accounting tricks and greenwashing math here!)

The ACCC claims that Coles had planned the temporary price spike to establish a new higher “was” price for the subsequent promotion after receiving a request from the supplier for a price increase.

This helped Coles, at a minimum, maintain its profit margin on a grocery item while keeping the products in its promotional category, according to the regulator.


In court documents, the ACCC cited the example of a 16-pack of Strepsils honey and lemon throat lozenges sold at Coles.
A similar practice occurred on 245 products sold at Coles monitored by the ACCC, with the new promotional price almost always higher than the price charged before the spike.
The separate proceedings against Woolworths include nearly identical allegations affecting 266 products featured in its “Prices Dropped” promotion, including Arnott’s Tim Tams, Palmolive dishwashing liquid, Raid insect spray and Oreo cookies.


The court documents allege that Woolworths priced its 370g Oreo family pack at $3.50 from January 2021 to November 2022, before the price spiked to $5 for 22 days.
The court documents allege that Woolworths priced its 370g Oreo family pack at $3.50 from January 2021 to November 2022, before the price spiked to $5 for 22 days.

It was then returned to the “Prices Dropped” promotion for $4.50, which was 29% higher than its long-term regular price.
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COlegalminimum.bsky.social

I know, I know, but: this is entirely illegal. The product has to have been offered at the “regular price” for 90 days prior, in just about every country that has a legal system. Yes, I know. But still.

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KElime.bsky.social

See the “JC Penny Strategy”

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GBginatb2.bsky.social

This is quite common in the US, business as usual. Most notably, almost every retailer does this for a week or 2 before “Black Friday,” the shopping day after Thanksgiving Thursday.

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KJ
Ketan Joshi
@ketanjoshi.co
Fighting alongside my friends for the best possible pathway to climate justice and fossil fuel elimination. Anti-greenwashing. Creator / curator of Greensky: tinyurl.com/3jk8zrt8 ketanjoshi.co/ ketan.joshi85@gmail.com
12.7k followers1.9k following11.5k posts