Quote:
Originally Posted by crich70
The electronics companies are the same way. When I was in college my math teacher told us once that when he was younger he had a job putting labels on vaccum tubes for things like radios (back before they went all solid state) and he'd put a Sony label on one tube a RCA label on another etc. and all the tubes were the same type. Just the label made them different. Food in stores is the same way. You can take a generic and a brand name can of say corn and if you traced them back through the supply chain chances are the contents of both will have come from the same canning facility and perhaps even from the same field. The difference in prices on the cans is solely due to the brand name on one of the cans.
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You are slightly wrong. The brand names pay more to have the first run. The actual generics are the second runs.
Now some grocery stores do buy acres of produce. I know HEB does. Actually they buy entire crops. Poteet strawberries and Fredericksburg peaches come to mind.
Popcorn is the same way except Orville Redenbacher. He has his own fields.