Supermarket prices are out of control (Still)

[Cleavy]

Who knows with the prices .

Do Smiths chips co want to get some cash back from having no stock?

Or prices go up and now stay up?

and the shrinkflation on top

 

[JHF1870]

and the shrinkflation on top

Is there a database with historical prices and food mass. Would be interesting to see

 

[Big Sauce 21]

Is there a database with historical prices and food mass. Would be interesting to see

Coles trend tracks the pricing I think

 

[rocker_oz33]

You be could be paying a bit more in remote areas for your shopping.

No major chains available.

 

[nobbyiscool]

It's ok everyone, the wealth will start to trickle down any day now!

 

[Cleavy]

It's ok everyone, the wealth will start to trickle down any day now!

taking the piss is the only trickle

 

[CM86]

On one hand, we are incredibly lucky to have such easy access to such a range of goods, with such a large and spread out population.
If you think about just what is available at your local Coles or Woolies, it's pretty incredible. As well as a job provider.

But there has to be a balance between being aware and grateful of what's available, without being taken advantage of.
As range decreases, as availability decreases, as restrictions are increased, as jobs are reduced.
It's always going to be a 'for-profit'. But when it starts to destroy the people producing the product, while also making the product less affordable/accessible for the consumer.
This is where it is in it's last legs in terms of pure profit motives for shareholders and EOFY reports.
Profits will decrease due to decreasing turnover. These companies might collapse.
And the dangers of that are insane.


Underpaying producers (agriculture etc), demanding oversupply, and restricting them from any form of enterprise makes them dependent of them.


I think a shopping trolley is a good analogy for it.
They are designed for the convenience of the customer, right? A privilege that you should be grateful for. As you fight it every step of the way through each aisle, before returning it for the next person.

But in reality, they are so you are able to purchase more goods, and increase efficiency for the shops. Increased product movement.

So if I'm going to do a 'large' shop, and the trolley is actually going to make things more difficult, I will do a small shop or go elsewhere.
I'm not interested in fighting against them, just to do business with them.


With inflation and global conflict, there naturally comes a price increase.
But there is now corruption in these bodies due to size, influence and power.

They are going to be bringing in 'AI Trolleys'. Which will be heavier and more faulty. But will allow you to drag them around as you unstock the shelves and scan the items yourself.
The 'AI' isn't for you, it's loss prevention.

A few years ago there started to be push back in the extreme price gouging in remote locations from certain outlets.
It's now been dropped and implemented across Australia instead.


Senate Select Committee on Supermarket Prices - May 2024
https://www.aph.gov.au/Parliamentar...e/Supermarket_Prices/SupermarketPrices/Report

 

[CM86]

I can't find it at the moment. But there was a clip of one of the 'executives' explaining that basically hide the fact that they engage in shrinkflation, and it's because they value their customers.
In that, they know their customers are intelligent and wise enough to keep track of the gross unit value of individual items. So they refuse to make it clear when it changes.

 

[Chief]

If that's the case why do they have price labels on the shelves? Wise customers should know the prices.

 

[Aristotle Pickett]

I don't usually do the shopping but I did today and I was absolutely flawed by the inflation from between 18 months and two years ago.
This was at Foodland in SA so not either of the major chains.

I used to pay $5.49 for 4 apple scrolls, now $8.99
Villis pies up from $5.5 to $6.5
Maxibons supposedly on special for $8.50 when I used to get them for $4.5 and were about $7 regular price

Nearly every single ice cream item in the freezer section is super inflated in price. In just 12 months, Connoisseur Ice cream up from $9 to $10.50

I could go on and on. Now I didn't buy a single one of those items (Not just due to the price, but I was buying other more practical items for me) but how has inflation in the supermarket become out of control?

Can anyone tell me whether the supermarkets are increasing profit margins and how much the suppliers have a role to play in the increase in prices. (Don't laugh)

I get how capitalism works and post Covid, companies have optimized their pricing to gouge as much out of us as possible. My last company learned the hard way about jacking up prices as it lost them a heap of trades people.

We collectively need to stick the middle finger up at these campaigners and refuse to pay the prices.

The answer is to shop at Aldi and bulk food stores. Even organic bulk food stores in Melbourne are cheaper than supermarkets.
Coles, Woolworths, IGA, 7/11 ect are a scam.
I think I saw a packet of Doritos for $7 at Woolworths recently .

 

[Billy ray]

If that's the case why do they have price labels on the shelves? Wise customers should know the prices.

Works and allowed in real estate market.
Expressions of interest
Make an offer

You should know the prices. Do your research

 

[nobbyiscool]

I've been thinking about price gouging, cost of living, and Woolworths in particular.

I haven't delved too deep into it's ownership structure - but isn't it owned by shareholders? So wouldn't that make it's majority shareholders superannuation companies and banks ie. us?

 

[CM86]

If that's the case why do they have price labels on the shelves? Wise customers should know the prices.

I'd love to give you a clear and concise answer to that, unfortunately it's commercial in confidence.

 

[Hamingja]

I can't find it at the moment. But there was a clip of one of the 'executives' explaining that basically hide the fact that they engage in shrinkflation, and it's because they value their customers.
In that, they know their customers are intelligent and wise enough to keep track of the gross unit value of individual items. So they refuse to make it clear when it changes.

Usually whenever they change the packaging, particularly anything in a bottle, is when they also shrink the product. Keep people distracted with a different label or shape.

 

[CM86]

Usually whenever they change the packaging, particularly anything in a bottle, is when they also shrink the product. Keep people distracted with a different label or shape.

And they deliberately place the stock with previous packaging in different end-of-aisle locations, if the container size is visually obvious.
Which is a clear act of deception.

 

[CM86]

The answer is to shop at Aldi and bulk food stores. Even organic bulk food stores in Melbourne are cheaper than supermarkets.
Coles, Woolworths, IGA, 7/11 ect are a scam.
I think I saw a packet of Doritos for $7 at Woolworths recently .

Purchasing items in bulk will always be cheaper. But as item cost increases, the bulk purchases become less and less available to people who most need that access.

So they are forced to purchase single, individual etc.
Because the single unit price is what they can afford, even though it's more expensive than purchasing in bulk.

Saving through bulk purchasing is actually a 'privilege' that not everyone has, and that more and more people are losing.
Cheaper, 'budget' single options are actually a trap.


A good video on the predatory nature of 'dollar stores' that we can see entering Australia.




A more entertaining video on the destructive for-profit, for-shareholders 'dollar stores' that we're also seeing enter Australia.

 

[Aristotle Pickett]

Purchasing items in bulk will always be cheaper. But as item cost increases, the bulk purchases become less and less available to people who most need that access.

So they are forced to purchase single, individual etc.
Because the single unit price is what they can afford, even though it's more expensive than purchasing in bulk.

Saving through bulk purchasing is actually a 'privilege' that not everyone has, and that more and more people are losing.
Cheaper, 'budget' single options are actually a trap.


A good video on the predatory nature of 'dollar stores' that we can see entering Australia.




A more entertaining video on the destructive for-profit, for-shareholders 'dollar stores' that we're also seeing enter Australia.

By bulk I mean shops where you take your paper bag and fill up what you need

 

[HirdyLannister]

Ice Cream is one of the few things where some of the cheapest stuff still tastes as good as the expensive stuff.

Aldi cookie icecream

 

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[JHF1870]

The answer is to shop at Aldi and bulk food stores. Even organic bulk food stores in Melbourne are cheaper than supermarkets.
Coles, Woolworths, IGA, 7/11 ect are a scam.
I think I saw a packet of Doritos for $7 at Woolworths recently .

The more pertinent question is Who is buying a pack of Doritos for $7?

I have certain products I love but rarely get them unless they're on special.

 

[Cleavy]

The answer is to shop at Aldi and bulk food stores. Even organic bulk food stores in Melbourne are cheaper than supermarkets.
Coles, Woolworths, IGA, 7/11 ect are a scam.
I think I saw a packet of Doritos for $7 at Woolworths recently .

the party sized bag 380g, not the normal sized one 170g?

 

[Big Sauce 21]

170g are $4.80 full price

 

[Cmarsh]

never pay full price for that. always stock up when it's $6

I'd love my wife to pay attention to when things are discounted. Goes into every shop paying no attention to price tags at all. Infuriating.

 

[Big Sauce 21]

 

[Aristotle Pickett]

the party sized bag 380g, not the normal sized one 170g?

Not sure