Topic: Local prices

I for one appreciate that local businesses give us (I reside on the island although some may not consider me local) a break on prices. Openly advertising it could be problematic. However, I would think this would be a great way to create loyalty and have locals recommend your product (if they are happy with it of course). In my limited experience, there are very few places willing to sacrifice profit margin in return for increased volume. There are pros and cons to this of course......