Author Topic: Bingo wholesale club in Brooklyn  (Read 86299 times)

Online ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 6189
  • Total likes: 1076
  • DansDeals.com Hat Tips 7
    • View Profile
  • Location: 770
Re: Bingo wholesale club in Brooklyn
« Reply #195 on: April 03, 2017, 12:29:31 PM »
I didn't realize that the point was below cost. Thought it was just about undercutting the market by a significant amount.
Even if not below cost, competing on price is a losing proposition. A profit margin is necessary for success. If one runs an extremely efficient operation, they might be able to reduce margins and still succeed, but that's a dangerous game to play, and one needs another strategy (such as shifting some costs to suppliers in various ways, like Costco and Walmart do with returns, and fines for failure to comply with their specifications of doing business with them).
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Moshe123

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2012
  • Posts: 4678
  • Total likes: 98
  • DansDeals.com Hat Tips 1
  • Gender: Male
    • View Profile
  • Location: Spring Valley
  • Programs: Lost
Re: Bingo wholesale club in Brooklyn
« Reply #196 on: April 03, 2017, 01:17:48 PM »
Do you guys know that they have another 16 stores in Israel? I don't think that anyone needs to teach them business. The things are likely sold at a small margin, which can be profitable if they sell so much, and then they have loss leaders, like every store. You can sue for anti-trust on that?

Offline hocker

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2009
  • Posts: 3389
  • Total likes: 33
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile
Re: Bingo wholesale club in Brooklyn
« Reply #197 on: April 03, 2017, 01:26:44 PM »
Do you guys know that they have another 16 stores in Israel? I don't think that anyone needs to teach them business. The things are likely sold at a small margin, which can be profitable if they sell so much, and then they have loss leaders, like every store. You can sue for anti-trust on that?
בלי טריקים בלי שטיקים. Ahem.
Car Rentals in Israel - http://www.rechev.rentals/

Offline hocker

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2009
  • Posts: 3389
  • Total likes: 33
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile
Re: Bingo wholesale club in Brooklyn
« Reply #198 on: April 03, 2017, 01:27:49 PM »
FYI In Israel they stopped carrying Osem products since they got into a fight.

http://www.calcalist.co.il/local/articles/0,7340,L-3707180,00.html

Edit: Osher Ad does aprox $5M of business a month with Osem.
« Last Edit: April 03, 2017, 01:38:43 PM by hocker »
Car Rentals in Israel - http://www.rechev.rentals/

Offline Moshe123

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2012
  • Posts: 4678
  • Total likes: 98
  • DansDeals.com Hat Tips 1
  • Gender: Male
    • View Profile
  • Location: Spring Valley
  • Programs: Lost
Re: Bingo wholesale club in Brooklyn
« Reply #199 on: April 03, 2017, 07:23:04 PM »
Was in KRM. They are quite busy. Not crazy. They likely took a big hit, but he doesn't need Tomchei Shabbos.

I heard today of a big company that they are boycotting because they made private label for Bingo. I don't know all the details because they obviously carry many other companies that did the same thing.

Offline Tzfas

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Apr 2011
  • Posts: 371
  • Total likes: 4
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: New York
Re: Bingo wholesale club in Brooklyn
« Reply #200 on: April 03, 2017, 08:36:25 PM »
 From my chat with Discover card:
 After reviewing the rewards I do show that Bingo Wholesale will count as a wholesale club and will receive the 5% for this quarter. So no worries, you will receive the 5% for this kind of purchase.

Offline BP16

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Feb 2017
  • Posts: 283
  • Total likes: 21
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Bingo wholesale club in Brooklyn
« Reply #201 on: April 03, 2017, 08:37:12 PM »
Was in KRM. They are quite busy. Not crazy. They likely took a big hit, but he doesn't need Tomchei Shabbos.

I heard today of a big company that they are boycotting because they made private label for Bingo. I don't know all the details because they obviously carry many other companies that did the same thing.
No one has pity on KRM as when they opened everyone was upset at them and they didn't care. So now they are feeling what the other stores felt when they opened.

Offline Moshe123

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2012
  • Posts: 4678
  • Total likes: 98
  • DansDeals.com Hat Tips 1
  • Gender: Male
    • View Profile
  • Location: Spring Valley
  • Programs: Lost
Re: Bingo wholesale club in Brooklyn
« Reply #202 on: April 03, 2017, 08:41:19 PM »
No one has pity on KRM as when they opened everyone was upset at them and they didn't care. So now they are feeling what the other stores felt when they opened.

And others say the same things about supermarkets that killed some fruit stores, butchers, fish stores, and takeouts, when they went from only being a grocery to selling everything. They even compete with hardware stores and pharmacies.

Offline CS1

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Feb 2014
  • Posts: 3657
  • Total likes: 44
  • DansDeals.com Hat Tips 1
    • View Profile
    • California Gourmet Premium Chocolate
  • Location: United States
  • Programs: DDSLA, DDSCLE, MarriottSPGPlat Feb2020
Re: Bingo wholesale club in Brooklyn
« Reply #203 on: April 03, 2017, 09:56:07 PM »
Was in KRM. They are quite busy. Not crazy. They likely took a big hit, but he doesn't need Tomchei Shabbos.

I heard today of a big company that they are boycotting because they made private label for Bingo. I don't know all the details because they obviously carry many other companies that did the same thing.

i don't think that it would make sense for KRM to boycott a big company because:
1) Those products still bring in profits for KRM
2) If these items are missing from KRM, then after a while, people may not be able to keep shopping there if basic weekly purchases aren't available any more.
NEW $16.99 price for 3-pk on Amazon Prime: http://bit.ly/3pkFreeShippingBelgianChocolateChips

Offline Moshe123

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2012
  • Posts: 4678
  • Total likes: 98
  • DansDeals.com Hat Tips 1
  • Gender: Male
    • View Profile
  • Location: Spring Valley
  • Programs: Lost
Re: Bingo wholesale club in Brooklyn
« Reply #204 on: April 04, 2017, 12:29:56 AM »
i don't think that it would make sense for KRM to boycott a big company because:
1) Those products still bring in profits for KRM
2) If these items are missing from KRM, then after a while, people may not be able to keep shopping there if basic weekly purchases aren't available any more.

There are competitors with similar items. It's a Nosh company.

Offline Barryg

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2012
  • Posts: 1448
  • Total likes: 6
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Ohio
Re: Bingo wholesale club in Brooklyn
« Reply #205 on: April 04, 2017, 01:10:40 AM »
All 15 cash registers open. With 5 full wagons at each register. Bad situation.
Just saw this thread now for the first time... Was there last Wed and checked out around 11:30... Should have had a DO while waiting in line...

Offline hocker

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2009
  • Posts: 3389
  • Total likes: 33
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile
Re: Bingo wholesale club in Brooklyn
« Reply #206 on: April 04, 2017, 01:26:33 AM »
There are competitors with similar items. It's a Nosh company.
Golden Fluff? since they manufacture themselves.
Car Rentals in Israel - http://www.rechev.rentals/

Offline Moshe123

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2012
  • Posts: 4678
  • Total likes: 98
  • DansDeals.com Hat Tips 1
  • Gender: Male
    • View Profile
  • Location: Spring Valley
  • Programs: Lost
Re: Bingo wholesale club in Brooklyn
« Reply #207 on: April 04, 2017, 06:27:18 AM »
Golden Fluff? since they manufacture themselves.

No

Offline Shua

  • Dansdeals Platinum Elite
  • ****
  • Join Date: May 2011
  • Posts: 289
  • Total likes: 20
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: New york city
Re: Bingo wholesale club in Brooklyn
« Reply #208 on: April 04, 2017, 11:55:41 AM »
which would mean not grocery for Chase freedom

Yup, shows up on statement as Bingo Wholesale. Didn't get the 5%

Offline Moshe123

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2012
  • Posts: 4678
  • Total likes: 98
  • DansDeals.com Hat Tips 1
  • Gender: Male
    • View Profile
  • Location: Spring Valley
  • Programs: Lost
Re: Bingo wholesale club in Brooklyn
« Reply #209 on: April 04, 2017, 11:57:33 AM »


I heard today of a big company that they are boycotting because they made private label for Bingo. I don't know all the details because they obviously carry many other companies that did the same thing.

I retract this. Someone else told me that it's not true.