We need to charge investors like Zillow and Opendoor who bought tons of houses during the pandemic. That is the real price gouging

@rahmann4280

2 жыл бұрын

Black rock

@angelachanelhuang1651

2 жыл бұрын

it's illegal to overcharges prices

@uniqueauction

2 жыл бұрын

I totally agree- they kept me out from buying a home.

I don’t think Smart & Final is the only grocery enterprise who is guilty for price gouging in Bay Area.

@DoobieDeb

2 жыл бұрын

Every store did it

@pernamore4224

2 жыл бұрын

Not by a longshot.

If people looked into this for all stores/restaurants, I'm sure you'd find this to be more rampant than you'd expect

But thats bullshit. We paid 25% more for eggs, but yet where the fuck does the 150,000 dollar fine go to? Surely not to us.... So back to the government????? GTFOH

@mikewhocheeseharry5292

2 жыл бұрын

Back into the Federal reserve to help offset the stimulus?

The only jaw dropping price I've seen are the car dealer market adjustments...

@uniqueauction

2 жыл бұрын

I totally agree- the above sticker price kept me out from buying a car.

@its-me-bro

2 жыл бұрын

What about gas? 🤪🤙👍

I’m sure you’ll find plenty of violations if they look into oil companies and PG&E.

Even with the fine of 175000 they still made a profit so where's the lesson learned

@taoh780

2 жыл бұрын

It's a pay to play scheme... As if these fines would actually go directly back to the consumers. I think it's just going to go to the general fund and then funnel to the best friend of someone in Sacramento

Shame on them for taking advantage of the situation

With this token, almost all grocerystores need to be charged

@angelachanelhuang1651

2 жыл бұрын

it is illegal to practice unfair price gouging

Isnt price gouging keeping a state gasoline tax during a pandemic?

1:00 $175K fine is probably just a blip on the price of doing business for S&F.

@actionjackson7460

2 жыл бұрын

Also, they will pass the cost of the fine right back to the customer! More feel-good smoke and mirrors brought to you by your friendly government. By the people and for the people. Not!

These stories are just the perfect thing to make these corporations think twice! Keep up the great reporting!

@kanank13

2 жыл бұрын

reall y stupid post. Smart & final doens't make monye by selling eggs. If they wanted fleece custoemrs, they could do it on beer,liquor etc..This may be a careless mistake. But , what the dumbass Bonta should investigate is the oil companies fleecig billions every day from california consumers. This invstigation of Smart and final is just truck load of human waste. Instead of going after the monstrous corrupt oil companies, stupid AG Bonta was wasting his time in investigating worthless price gouging.

@pearla4731

2 жыл бұрын

These fines are a drop in the water for them to be real.

It is not price gouging if there are literally dozens of competitors and substitutions for the good.

@felixthecat2786

2 жыл бұрын

According to the state it is and they will be paying a fine. Just because you believe it isn't, that doesn't make it true.

@mikewhocheeseharry5292

2 жыл бұрын

I mean… I can see it both ways. Eggs are a staple item and the price reflects the current state of the country’s economy.

@justinle998

2 жыл бұрын

@@felixthecat2786 These laws are meant to protect consumers from monopolies and this is far from it.

@stuwest5862

2 жыл бұрын

@@felixthecat2786 Just because the state issues a fine does not mean it's correct. In fact, most large companies have smarter lawyers than the state and argue the invalidity of fines every day.

@stuwest5862

2 жыл бұрын

@@justinle998 Monopolies have nothing to do with it nor does the businesses competition. You clearly know nothing.

I’m so glad the investigators are doing 👏🏼!! Thank YOU!!

$175K is not a fine for a company this size. It should be $175 million.

I used to call this chain the "Fart and Smile" stores. Now it appears that I may have been more correct that I thought.

@angelachanelhuang1651

2 жыл бұрын

I hate corporate giants

Doesn't seller can sell at whatever price they want? If they can get fine and shut down, shouldn't we go against ebay sellers? These scalpers are selling items 3 to 5 times msrp. Thats 300% to 500%. O.o

@supportmytroups7

2 жыл бұрын

eBay sellers aren’t selling gas and food. They are selling non essentials lol

Let me make sure I understand this: the state orders everyone to shut down and then complains the price goes up because of limited supply!? Just because eggs producers did not raise prices does not mean the cost did not go up. Farmers were dumping milk and produce during the pandemic because there were not enough processors and drivers. Unless you were going to buy product by the tonnage and bringing your own transportation, you were not getting supply.

@MsArtistwannabe

2 жыл бұрын

There’s a law. You can’t raise prices more than ten percent. Gouging people is disgusting.

@IIIShizzyIII

2 жыл бұрын

according to their report. their supply costs didn't go up. So I see no reason for the price to go up a significant margin if that was actually the case. I am not sure how they are defining "supply costs" here though. If it's just the price of purchasing the product and not taking into account all the other direct/indirect costs, then this report would be a bit disingenuous, if however, they do include all of those costs into consideration, then they are justified in accusing the grocery store in increasing prices with no reason behind it besides price gouging.

@greghelton4668

2 жыл бұрын

Seems you didn’t pay attention to the video.

@paulne1514

2 жыл бұрын

But the oil companies are doing the same thing. I don’t see anyone going after them!

It's not that this isn't wrong but I hope this was uniformly applied because I sincerely doubt they're the only store in the state to do so...

everything costs more since the pandemic especially gas, so we should fine them A!! if not, this is BS

We're talking about $1 extra for some eggs? What about $2.50 extra per gallon of gas?

Lol. Just when you are thinking you are shopping “smart”…

At the daly city store on mission Nothing in their store is priced. You don’t know what things cost until you get to the register and it’s too late. When I asked why , the manager told me they don’t put the prices up because they change with every delivery to the store. I stated that if you raise the price of the old merchandise when you get new merchandise that that is gouging. Surprise surprise… The manager did not agree.

Then do the same on gas... by these gas retailers!

Well the Attorney General should check out Publix, their prices have more than doubled if not tripled here in Florida

@naturelover2292

2 жыл бұрын

Walmart dozen of eggs was under $1.00 now they are $2.82 same at Aldi prices have doubled.

you don't think gas prices are gouging right now

I’m glad to hear this. One day while shopping the store manager attempted to keep my cash back after my purchase and inputting my PIN number. The store receipt ink was faded so you couldn’t tell whether or not the computer debt the amount from the register. But I was adamant and so was he. I had to go on my phone into my account to show him it had come out of my account before he released my funds. I knew then they were up to no good and vowed to never return. Good thing I wasn’t distracted because he would have been a little richer.

Probably not the only chain that did that

Grocery store Vallarta has been gouging since last year and prices are Outrageous there today as well 👎👎👎

Smart & Final usually has reasonable low prices. Mmmm 😏 What about all these stores were gouging when consumers need brands like Lysol Disinfectant Spray & other Disinfectant cleaners during 2020, 2021? Consumers were limited in stores and even online if they could locate any ppe during beginning 2020? 😏

Life is price gouging along with the IRS

Thank you, office of AG. Now can we go to the topic of gasoline prices?

Good job attorney general, but you really need to be focusing on the OilCo.s more. I know they can be much more wiley, oligarch-y, and pugnacious than these retail grocery chains , but this is equally important.

@taoh780

2 жыл бұрын

If that's not insulting enough, you should see how much in tax dollars these oil companies are getting every year in subsidies

So how do the people get Compensation for being over charged??

Price gouging? More like supply & demand. I thought America had a capitalist free market...nope.

I learned years ago that the people at the top of Smart and Final are anything but smart. In the local outlet where I shopped, they had a security guard standing like a statue at the entrance while highly suspicious individuals would stuff their pockets with everything from food to party supplies. You could walk down the aisles and see open snack packaging on shelves yet when I pointed this out to management, they'd just shrug and do nothing. Turns out we all were paying more for their incompetent management and business practices. This story comes as no surprise. By the way, that local S&F store I used to shop at was permanently closed 5 years ago for massive inventory loss.

@taoh780

2 жыл бұрын

Let me guess, downtown Oakland?

@craigjgomez

2 жыл бұрын

@@taoh780 Bayshore Blvd San Francisco.

I thought there was rampant shoplifting and reselling at outdoor markets!

Price gouging wasn't (smart), but its a (final) decision from the company. You get it- smart and final. Ha..

Eggs?! So there are rules! Let's get on this! WTF! It's gotten so much worse!

Every single grocery chain in California was price gouging during peak covid. DA needs to work harder.

Hmmmm. So retail cannot raise their prices without justification of outside forces? I thought competition kept prices lower. But what do I know?

My local Walmart has been price gouging us especially the last few years. During the pandemic, my Walmart added a wing to their store which didn’t make sense to me. We were all going through a pandemic, and I just didn’t understand how Walmart could be adding on to their store while we were taking a hit because of Covid. I used to buy a 4 pound package of 94% fat free ground beef for about $15. Now that same package is about $28. And what about the price of egg. $5 for 18 extra large eggs is crazy. Were the chickens on strike? No, these greedy shitty companies are price gouging us to death. My local HEB is doing the same thing. HEB’s prices are even more than Walmart. So, you can imagine how much HEB is making. These companies are disgusting. What can the rest of us do to shame these companies to lower their prices?

1 store?

Maybe justified in pursuing, but do these penalties get paid back to the consumers or does Sacramento funnel it to special projects operated by their best friends?

This is what's wrong with the United States the consumer get screwed and the government gets paid

@bobbybatara3718

2 жыл бұрын

Thank both Reagan and prop 13 for your high income taxes. Greedy frigg'n boomers voted for themselves over the state's children and this is the future they were willing to pay for. Is it really any wonder there are so many addicted and on the streets?

Take your dollars and go to a different store. This is terrible for businesses. Can't believe the AG has time for this when crime is running unchecked in the streets of this state. Make your vote count.

@craigjgomez

2 жыл бұрын

Hey Aaron, maybe you weren't paying attention but this was and is A CRIME. It's what the AG is supposed to do fool. Crime comes in all forms and types. And, what makes you think that the AG isn't focused on all other crimes in this state?

Isn't rent and selling overpriced hones price gouging

175k fine that's nothing! That tells them they can get away with it how stupid

Meanwhile oil companies and laughing at the bank.

Yet gas stations can gouge as much as they want?

send the CEO's to jail!

That's why I always go to Grain-N-Simple.

So why don't they give it back to the customer instead of govt, they didn't buy the eggs.

Smart and Final is too expensive for me to shop there anyway.

Oil companies have been gouging Californians for years. Even with our high taxes, we still pay an unfair amount over other states! I guess someone gets kickbacks from oil companies?

But its ok for the health department to say fitness studios, barber shops and movie theaters had to be closed?

Ok now let's see the same gusto towards real criminals like abusers and gang members and violent offenders.

When do I get my money

Price gouging should be allowed, and no that isn't a type, I will say again it SHOULD be allowed.

Meanwhile, existing freeway lanes are being taken away and converted in "premium" lanes. Nothing shady there.

@actionjackson7460

2 жыл бұрын

Hush your mouth and sit in traffic peasant! (Sarcasm).

Why target Smart and Final. Try the big retailers. Eggs are bad for your health.

I say we go egg 🥚 smart&final

Is there a law to control the pricing in grocery stores? How come California’s top cop will not charge oil companies change their gas price to their retails everyday? funny.

They made 100 times more than the fine.

I'm sure its not only eggs. I'm sure it's not only this store :(( Rich get richer while the poor watching reality TV

175,000…..that’s it….

@actionjackson7460

2 жыл бұрын

Yes! And they will pass it right back to the consumer. Smoke and mirrors! Plenty of places to buy eggs.

Yes! Now on to Fry’s & Krogers!

Gee, going to go after the gas companies also.

PERHAPS THEY NEED TO TAKE A LONG LOOK AT 711 STORES OVER THE TOP PRICED GOUGING 5 DOLLARS FOR A LOAF OF BREAD AND 5 DOLLARS GALLON OF MILK. NOW THAT'S PRICE GOUGING .mountain view ca

@actionjackson7460

2 жыл бұрын

That's why they call them convenience stores! They will always charge more.

Okay where’s my money? Because I was buying lots of egg as a baker from smart and final during the pandemic til now.

I thought gouge is for eye

Why don't they Crack down on flower sales on valentines or gas now what's the darn difference.....nasty world we live in. All polical driven

What about gas?

except for Gas stations

They should open in the uk ,they’ll get away with it here.

This is not going to help this already frail company.

Greedy people like to show off and like to party like there is nothing happen

Smart & Final have lower prices than Von's.

Pretty sure, they made more than enough to pay the fine lol.

175k fine is not even pocket change for them.

@andrewhinkle160

2 жыл бұрын

They are bleeding money out pretty badly from horrible mismanagement from corporate. Worked for them for a few years until 2021 in Northern California. They were losing 90k+ in a month just on chicken in the California branchs because they would force product out and get charged by the warehouses. It's a dumpster fire

all the companies price gough, its called their profit margin.

Wow. I liked smart and final.

GREED

Kinda funny there coming at smart and final but what about the oil companies and the gasoline companies is because the politicians are getting paid .

Not just eggs everything go to Walmart they went crazy with there prices stop going there he's a trillionaire already

The gas stations were selling gasoline really expensive as well a month after the Barrel went down to $95 , same price as before the war in Ukraine 🇺🇦. Who’s helping us with those thieves 🤷‍♂️

Whole foods charges more than 25% than that store every day. Paying $3.25 instead of $2.50 for a dozen eggs isn't even noticeable by most people. The law says anything above a 10% hike is unlawful. I would think the percentage should be more like 50% to 100% increase before the Govt. steps in and tells you how to run your business. California is a joke.

How about the gas companies? We KNOW they are price gouging...

@angelachanelhuang1651

2 жыл бұрын

I hate oil companies

Fart and Smile?! 🤢

god forbid they made a profit. only one entity can gouch us of our money in many different ways..

@actionjackson7460

2 жыл бұрын

Oh, oh, oh. let me guess GOVERNMENT!!! Do I get a prize?

Who will gain this money that they fined Smart n Final?

Lol

Customers overpaid. Government fines company for price gouging. Government wins. Again

@actionjackson7460

2 жыл бұрын

Don't worry, they will do something useful with the money! Not!

Keep Digging Because the Grocery stores and Gas stations are doing the same Gouging 👎👎👎

Truckee safeway

Damm

what about the freaking gas price.. screw the eggs $7/gallon are you kidding me. Barking up the wrong tree Mr. AG rob bonta

"Its Putins price hike" Joetatoe

@actionjackson7460

2 жыл бұрын

Say that fast ten times! I bet old Joe would choke on his tongue!

I enjoy shopping at fart and smile, they are doing the same thing that everyone else in the world is doing right now except for they got caught. There's plenty of items out there in the world that have gone up exponentially for no reason other than someone is trying to make an extra dollar off of someone else!

Vons and Ralphs are worse