Cost of Living - Shrinkflation is speeding up at an alarming rate

Harlequin said:
You must be new to capitalism. Bless. A company isnt altruistic, they are all in the `business` of making money, and when the business is publically owned by have a piece of it - a share, thats who is the ultimate `boss`.
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Not new to capitalism, I just don't blame shareholders for every wrong in the world unlike some. Bless.
 
200sols said:
Not new to capitalism, I just don't blame shareholders for every wrong in the world unlike some. Bless.
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sigma said:
Literally anyone can become a shareholder, it's the easiest thing to do. Not sure why people don't get this.
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Oh dear, not blame just educating how all this works, the shareholders (the owners) of the company are the ultimate boss - this isnt communism (if thats what you actually want)
 
Harlequin said:
Oh dear, not blame just educating how all this works, the shareholders (the owners) of the company are the ultimate boss - this isnt communism (if thats what you actually want)
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You really haven't educated anybody, just made yourself look silly with communism comments.

Have prices not risen in privately owned shops and supermarkets?
 
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Uther said:
True, but it's probably gone a bit far when people are stealing baby formula to feed the kids...
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This isn't new, was one of the most targetted items when I worked in a pharmacy 20+ years ago!

We had domino's last night...

£40 for 2 medium pizzas and 2 chicken sides, this was on a "deal", full price would have been closer to £70 :eek:

Last time we had it I'm sure it was under £30 for 2 large, 2 sides and a drink
 
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Harlequin said:
Just had a placement at a major UK supermarket buying department; contracts arnt long lead at all , they are near constantly trying to be changed by either party due to costs. Supermarket has minimum 5% gross profit margin and if that is threatened the tense disacussions start. Do note the reduction in ranges in a supermarket are for that reason - suppliers dont want to pay increasingly extra for mod location and advertising. Transportation are now being tied into the contracts , using only the branded hub/spoke lorries (and not their own) - looking at you warburtons who left tesco for that reason (and others)
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So what does the supermarket expect suppliers to do? Ditch their distribution network and use theirs, tying them into one supermarket?

Or have I misunderstood that?
 
Haggisman said:
This isn't new, was one of the most targetted items when I worked in a pharmacy 20+ years ago!

We had domino's last night...

£40 for 2 medium pizzas and 2 chicken sides, this was on a "deal", full price would have been closer to £70 :eek:

Last time we had it I'm sure it was under £30 for 2 large, 2 sides and a drink
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I bought some shoes for £80 a while ago, exact same one are now £100. I guess production costs have gone up...
 
Haggisman said:
This isn't new, was one of the most targetted items when I worked in a pharmacy 20+ years ago!

We had domino's last night...

£40 for 2 medium pizzas and 2 chicken sides, this was on a "deal", full price would have been closer to £70 :eek:

Last time we had it I'm sure it was under £30 for 2 large, 2 sides and a drink
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Got in a Dominos not all that long ago now at work due to some of us having to stay on later than usual to sort a problem and IIRC it was £36 for 3 large, 2 sides and something else I forget what and 4 drinks.
 
randal said:
So what does the supermarket expect suppliers to do? Ditch their distribution network and use theirs, tying them into one supermarket?

Or have I misunderstood that?
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The logitics system is hub and spoke , so want your product in our shops? Then here is Tesco:

www.retailgazette.co.uk

Tesco faces supplier backlash over new fulfilment fee to cover online costs - Retail Gazette

Tesco has faced backlash from its suppliers over plans to introduce new Amazon-style fulfilment fees for its online and Booker wholesale operations.
www.retailgazette.co.uk www.retailgazette.co.uk
 
Harlequin said:
The logitics system is hub and spoke , so want your product in our shops? Then here is Tesco:

www.retailgazette.co.uk

Tesco faces supplier backlash over new fulfilment fee to cover online costs - Retail Gazette

Tesco has faced backlash from its suppliers over plans to introduce new Amazon-style fulfilment fees for its online and Booker wholesale operations.
www.retailgazette.co.uk www.retailgazette.co.uk
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Gotcha.

Harlequin said:
You really do look silly now, utter failure to understand the world we all live in. Im its great in your commune
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I've only read the last few pages of this thread, but every response from you reads as very sarcastic and puerile. I'm sure you're better than that.
 
£40 at dominoes - the squeezed middle ? In 2020/21 the amount that an average household spent on all food and drink, including alcoholic drinks and food eaten out was £39.71 per person per week


Yes - Tescos&others seem to be guilty, need to know how much Conservative lobbying power they have
4 May grocer egg story
Sainsbury’s CEO Simon Roberts also referred to the issue last week in a media Q&A following the publication of the retailer’s annual results.
“On eggs, we’re not 100%, we have a range of eggs but not all of them… I don’t think eggs will be fully recovered for a while,” he said.
However, these supply issues could soon be alleviated as producers start to see increased returns, suggested British Free Range Egg Producers Association CEO Robert Gooch.
He said the situation at farm level had “changed dramatically” since the height of the egg supply crisis towards the end of 2022.
The price paid to farmers this month averaged 140p/dozen, according to data by consultancy Adas for BFREPA, up 49.6% on the average of 93.6p/dozen last May.
It means producers are now seeing an average positive margin of 13.8p/dozen versus a 23.8p/dozen loss a year ago.
“The irony is that the price has gone far and beyond where it needed to go, with egg shortages [from hard-up producers reining back production] driving that price movement upwards,” Gooch added.
“If [supermarkets] had just kept producers in business and covered feed costs last spring and summer, these prices would never have risen as high as they have.”
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word for the day ‘Breggsit’ storm here
 
randal said:
I've only read the last few pages of this thread, but every response from you reads as very sarcastic and puerile. I'm sure you're better than that.
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They have just had a placement in a major supermarket supply dept so is now the authority on everything supermarket supply chain and costings related don't you know....
 
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eggs still in short supply - tuesdsay both js&aldi looked like each supplied by one chicken family

meanwhile unlike germans consumer entering recession (or even usa) people are still buying non-essential stuff pushing up inflation so boe will need to increase mortgage rate (&rents...) to protect guilts too.
ONS Chief Economist Grant Fitzner said: "Retail sales grew, partially rebounding from a poor weather affected March, with jewellers, sports retailers and department stores all having a good month. Despite continued high food prices, supermarkets also recovered from the fall in March.
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fiddling while rome burns - is that all on the never never / klarna &co.
 
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