Amo Sangha’s Post

Despite aggressive #discounting and competitive ‘members only’ offers for #loyalty programme customers, traditional #supermarkets continue to lose market share to discounter rivals, Aldi and Lidl GB. Pricer's latest research shows 65% of UK shoppers have switched some or all of their food shop to the discounters, a rise of 4% year-on-year. #retailtech #techPR #PRcoverage (via Grocery Gazette)

Our monthly analysis comparing the prices of popular groceries at eight major supermarkets, now includes loyalty scheme prices. Ele Clark, Which? Retail Editor, said: 'As member-only pricing continues to grow, Which? believes the sector needs to be properly scrutinised and held to account so that all shoppers - including society’s most vulnerable - can benefit, and no one is misled into believing they’re getting a better deal than they really are. With food prices continuing to squeeze household budgets, it comes as no surprise that many people are choosing to shop with the discounters. Our analysis shows that Aldi and Lidl are still cheaper than the traditional supermarkets, even when you include loyalty pricing.' #CostOfLiving #ConsumerRights

This comparison has shown that even a small price difference can influence customer loyalty and buying habits. The shift towards digital platforms not only benefits consumers but challenges businesses to continuously offer value and convenience. It’s crucial to understand these dynamics as businesses navigate the changing retail environment in South Africa.

BusinessTech recently compared prices for sandwich ingredients across major South African retailers: Checkers, Pick n Pay, Woolworths, and Shoprite. With Shoprite coming out as the most affordable and Checkers the priciest, the competition remains tight, with only a 5% difference between the cheapest and most expensive baskets. 🏷️💰   As online grocery shopping continues to rise, so does the ease of price comparisons — making it critical for retailers to stay competitive. Explore the full breakdown and see how your business can stay ahead: https://lnkd.in/dx7v-xpg   #RetailTrends #GroceryShopping #SouthAfrica #PriceComparison #FoodIndustry

Customers clicking-off online grocery shopping? The crowds at my local Sainbury’s can attest to this. The weird substitutes and poor dates on food may have been funny memes on social media. But in a post-pandemic world, when you want to get the most for your money, you'll take a trip in-store. Even with WFH, we can't take random deliveries to the door during a meeting. We are tired of being told something is in stock to only find out it isn't, on the day of delivery. And if you are on the top floor of a building, good luck getting the deliveries to your floor. We are hunter-gatherers at our core. We enjoy seeking out bargains and discovering new tastes and flavours. So for anyone in retail, please tap into this. People revert to online when they are tired of not finding what they need on the high street. But when retailers listen to customers and offer a broad range of goods and services. Footfall will return. Sainsbury has been canny with integrations with Argos and clothing categories. Their Nectar program has a wide range of other retailers to earn points on. Something Tesco might consider. #retail #retailnews #ecomm #ecommerce #groceries #bricksandmortar #consumerbehaviour #shoppinghabits #food #grocerytrade #online #highstreet #consumertrends https://lnkd.in/eNDFMsWC

59% of shoppers think loyalty card discounts have been inflated to look better. 💳 That being said 79% of the UK population has a Tesco Clubcard, so they aren't put off by this preconception. Do retailers have a responsibility to be transparent about their prices and loyalty card discounts? Does it affect your perception of retailers? Some really interesting information in this article from Retail Week #fmcg #grocery #loyaltycards

Consumer group CHOICE has released its first quarterly, government-funded report on supermarket prices across Australia. The research reveals that ALDI has the cheapest groceries nationwide, with a comparable basket from the retailer about 25 per cent cheaper than at Coles or Woolworths. As part of the research, CHOICE sent mystery shoppers to 81 regional and metropolitan supermarkets across the country, including ALDI, Woolworths, and Coles, to record prices for 14 common grocery items. In addition to determining the retailer with the cheapest prices, the research also found where people live can make a difference when it comes to the cost of groceries. CHOICE https://lnkd.in/gBakiQZS

While shopping the specials at both Woolworths and Coles can save you money, the question remains: what is the real price of our groceries? Both retailers offer alternating weekly specials, making it beneficial to compare and shop accordingly. In the competitive landscape of Australian supermarkets, IGA has struggled due to a top-heavy business model and the cost of supporting poor operators. However, some independent stores have managed to compete effectively with Woolworths and Coles by excelling in product sourcing—buying right to sell right. Aldi, on the other hand, operates with low overheads, a limited range, and no-frills service, which allows them to offer lower prices. Unlike Woolworths and Coles, which are driven by shareholder returns, Aldi’s profits go back overseas, impacting the local economy. In summary, while the major players each have their strategies, independent operators who focus on smart buying can still compete successfully in this challenging market.

A Choice survey on supermarket prices for a basket of key items had Aldi as cheapest grocer on this particular surveyed basket of goods. (see attached article) While the "validity/accuracy "of such a check can always be questioned, assuming this survey is accurate, the biggest issue is the position of the independents on this Choice survey. The Independents (IGA banner group) have a key role to play in our retail supermarket industry (for suppliers and shoppers). It's never been more critical for the independent operators to come together and align to improve their value offer. #Supermarkets #Choicepricesurvey #Aldicheapest #Independentchallenge #improvedpricingoffer #topdownreview