“Even Bezos won’t buy it!” Hamptonites are furious as a pound of guacamole goes on sale for $29 in the local market
- The one-pound pot of guacamole sold by the Seafood Shop in Wainscott, New York, has been mocked online for its exorbitant price
- Joe Marino Jr told his TikTok followers: ‘I think we have to draw the line at $29 guacamole’
A Hamptons market has been ridiculed for selling guacamole for a whopping $29 – leaving social media users to see green over the outrageous cost.
The one-pound pot of guacamole sold by the Seafood Shop in Wainscott, New York, has been criticized online for its exorbitant price.
Joe Marino Jr., a 36-year-old real estate investor, posted the price drop on his TikTok account, telling his followers, “I think we need to draw the line at $29 guacamole.”
“It was just an ordinary genre too, not any kind of specialty”, Marino told the New York Post.
‘[Prices have] got worse, I think maybe in the last two years,” Marino added.
Joe Marino Jr., a 36-year-old real estate investor, posted the drop on his TikTok account
The one-pound pot of guacamole sold by the Seafood Shop in Wainscott, New York, has been criticized online for its exorbitant price
The video has now been viewed over a million times and users have expressed their outrage.
‘Does it make you fly?’ one commentator joked.
Another added: “Even Bezos won’t buy it at this price.”
Marino, whose online handle is @theretiredmillenial, said the seafood shop is a “go-to for Ina Garten, Jimmy Fallen and Katy Perry”, among others.
Wainscott, where the offending guacamole was on sale, is a celebrity hotspot that has been visited by Martha Stewart, Jimmy Buffett and Richard Gere.
The 36-year-old defended the buy after commentators suggested buying the pot encouraged companies to raise prices further.
“A friend from out of town picked it up without looking,” he said.
“He ran like a good move to pick up fries and step into oysters, and I just threw him in the car,” Marino said.
Wainscott, where the offending guacamole was on sale, is a celebrity hotspot that has been visited by Martha Stewart, Jimmy Buffett and Richard Gere.
The 36-year-old defended the buy after commentators suggested buying the pot encouraged companies to raise prices even further.
“Then I was sitting there in the garden and I looked down and saw the prize, and my gut reaction was, ‘I can’t believe it.
Seafood store’s high cost runs counter to broader smashed avocado market, says the wall street journalwhich recently reported an 18% year-over-year drop in the Hass avocado.
“Right now, we’re seeing the lowest avocado prices we’ve seen in several years, and that’s certainly helping us,” Chipotle chief financial officer Jack Hartung told the outlet.
Anoop Rai, professor of finance at Hofstra University’s Frank G. Zarb School of Business on Long Island, told the Post that “the most likely explanation [for the extreme markup] is a combination of strong demand and a clientele that can afford to pay these prices.
He also explained the price, suggesting there was probably a convenience fee at play here too.
“It’s summer in the Hamptons, and no party or dinner party is likely to be without avocado dips. Add to this the [vehicular] traffic congestion, high-end consumers would rather pay than look for alternatives… most of which probably don’t even look at the prices. Rai added.
