Word: cooped
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Argeros says that the Coop takes a substantial loss on record sales, explaining that the Coop uses that department as a loss-leader to "bring traffic into the store...
...notable exception, however, is a 49 oz. box of Tide detergent, which costs $2.09 at the Coop, but sells for 15 cents more at Rix. and 50 cents more...
...Most Coop record prices range from $5.49 to $6.89. At Strawberries the cost is between $6.29 and $7.49 for comparable albums. Discount Records has a wide range--between $5.49 and $7.99--but most of the top-ten cost...
...compared the Coop with three other stores in drugstore and office supplies: Rix on Kennedy St. and CVS Pharmacy and Store 24 on Mass. Ave. In general, Rix and CVS appear to undersell their competitors across the board. On name brands in toiletries, they shave a few cents off their price--one pint of Flex Shampoo, for example, costs $2.58 at the Coop and $3.30 at Store 24, while selling for $2.47 and $2.49 at Rix and CVS respectively. Furthermore, in many cases Rix and CVS offer their own varieties. The comparable Rix brand shampoo costs $1.77, the CVS brand...
...Coop General Manager Argeros acknowledges that the Coop does sell drugstore supplies higher than some of the other stores, but he points to a difference in purchasing strategies: "When you buy a carload of toothpaste chances are that it will be cheaper than if you buy 48 tubes...