[Oyk]

Price keeps increasing but rebate points decreasing.  Make profits both ends nowadays. Getting more greedy.........

This sort of things happen when suppliers have monopoly power.   FP does not have monopoly power but it is the biggest supermarket chain and can behave like China is behaving in this side of the world

SS is like the US, Cold Storage like the EU.  They put FP in check but are only able to do so with limited ability.  Carrefour got killed by it...stood no chance against a behemoth like FP.

So the whole scheme of things is now like an oligopoly, with one dominant supplier.  Customers are tied to it by its membership cards, literally enslaved.  It is a very effective marketing tool.

It benefits big spenders. But the poor ah gong ah ma who can't eat much and hence don't buy much, and is living on savings from a $200 a month salary of yesteryears, who counts every penny he or she spends, FP has apparently forgotten about these workers of a previous generation. Well, FP run by people 40 years ago and FP run by xoomers, yoomers, zoomers...they are not the same. Only the name is the same but it is the people who make an organization what it is. Current generation earns a median salary of $4500 a month, and they use that as a benchmark.