KZNSeagull
Well-known member
I missed this hoo-haa. What were the products involved please?
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[Finance] Price gouging in a high inflation environment
- Thread starter nicko31
- Start date
I missed this hoo-haa. What were the products involved please?
Jack Monroe (aka BootstrapCook on Twitter and a campaigner against poverty) brought it up earlier this year. Was able to pressure ASDA into restoring a lot of axed (and/or unstocked in many stores) low-price lines to their stores: https://www.theguardian.com/busines...food-ranges-more-widely-available-jack-monroe
(Although, this wasn't just about own-brand products - was also about the no-brand products, in Asda's case the "Smart Price" range which they'd been gradually withdrawing in favour of their more expensive own-brand products).
KZNSeagull
Well-known member
Thanks for that.
Re your Tesco own brand flu products (Tesco Max Strength cold and flu, Tesco max Strength all in one cold and flu capsule, Tesco max strength day and night cold and flu, Tesco MS Blackcurrent) , we have some in stock in our store (Bishop Auckland) and they are all showing as "ranged" meaning that they have not been removed from sale by head office. Suggest you ask next time you are in there - removal of the label doesn't really mean much tbh.
wuntbedruv
Imagine
In East Grinstead was a company I knew who were " contract packers " called Sussex Pharmaceuticals. They made and produced pills and remedies for all the supermarkets and high Street Chemists, all from the same batches of Ibuprofen, Paracetamol and cold remedies , each with different packaging and prices, they also took tablets and printed Anadin Extra on them. The same batch used for other cheaper brand names.
There is no difference between any of the simple remedies be it own brand or named , same batches of pills in different boxes.
Look at the labels inside the boxes they all mention 2 or 3 companies as the makers.
Dunno... Reckon it might have something to do with the Billions lost as well....
There is no way Salfords to Gatwick has been anything like £10 for at least a decade, maybe more! You want a cab driver to take you a 10-15 minute journey for ten quid with petrol approaching £2 a litre?
For F**ks sake
Over night the night before.
Gazwag
5 millionth post poster
Laughable those saying take the train in the lead up to a ****ing train strike and piss poor reliability
During the pandemic car park operators lost loads of car park revenue. They are now trying to make up the loss.
southstandandy
WEST STAND ANDY
- Jul 9, 2003
- 6,047
I've managed to circumvent the expense of booking parking at the 02 in London now. Used to just pay the £25 for an allocated space and had done with it.
Now (as a Cineworld card holder) when I go to a gig there, I turn up and park for rougly 6 hours in the everyday hourly charge car park. Before going to the concert I get a cinema ticket for any old film I'm not going to see and when I leave later, they will redeem you 4 hours of parking time having been a 'cinema visitor' (even though I actually went to the gig).
Last time I did this I paid no more than £5 to park for the evening, as opposed to the £25 allotted gig parking that can be booked.
Now (as a Cineworld card holder) when I go to a gig there, I turn up and park for rougly 6 hours in the everyday hourly charge car park. Before going to the concert I get a cinema ticket for any old film I'm not going to see and when I leave later, they will redeem you 4 hours of parking time having been a 'cinema visitor' (even though I actually went to the gig).
Last time I did this I paid no more than £5 to park for the evening, as opposed to the £25 allotted gig parking that can be booked.
Will be interesting to see what profits the big supermarkets declare next year!
We've already had the oil companies making massive excess profits when they could have passed that on to their customers. Instead we have to rely on a windfall tax to recoup some of that money.
We've already had the oil companies making massive excess profits when they could have passed that on to their customers. Instead we have to rely on a windfall tax to recoup some of that money.
An airport as far as I am aware.
Beach Hut
Brighton Bhuna Boy
£85 for a 4-night break going next Wednesday Gatwick long-stay South
dejavuatbtn
Well-known member
A person in my wife’s fitness class didn’t think that reducing the lessons from an hour to 40 minutes was the equivalent of a 50% rise.
What really gets me has been the gradual reduction in size of packaging contents and the overall reduction in portion sizes has eroded the pound in your pocket. We bought some Calipos this week - blimey, these have really shrunk.
What really gets me has been the gradual reduction in size of packaging contents and the overall reduction in portion sizes has eroded the pound in your pocket. We bought some Calipos this week - blimey, these have really shrunk.
The kûntïsh Tories will tell you that rising inflation is down to the wage increases, especially in the public sectors.
Of course, any economist worth his salt will correct that assumption by pointing the finger in the direction of greedy corporations making huge profits. Take Unilever for example:
This horrid government is here to protect their ever increasing profits, not to keep inflation down. They are not marmite either, most people hate them and want them out other than the super rich and super stupid.
Of course, any economist worth his salt will correct that assumption by pointing the finger in the direction of greedy corporations making huge profits. Take Unilever for example:
Magnum-maker Unilever's profits higher after it raises prices
The consumer goods giant sees profits rise by a fifth based almost entirely on increasing its prices.
www.bbc.co.uk
This horrid government is here to protect their ever increasing profits, not to keep inflation down. They are not marmite either, most people hate them and want them out other than the super rich and super stupid.
A lot of us didn't do very well during the pandemic. Most of us can't hike our fees by 60-70%.
BN41Albion
Well-known member
- Oct 1, 2017
- 6,827
Not exactly a cheap option either!
nicko31
Well-known member
- Thread starter
- #40
A mate of mine is a consultant in flux retail and deals with most is the supermarkets.The kûntïsh Tories will tell you that rising inflation is down to the wage increases, especially in the public sectors.
Of course, any economist worth his salt will correct that assumption by pointing the finger in the direction of greedy corporations making huge profits. Take Unilever for example:
Magnum-maker Unilever's profits higher after it raises prices
The consumer goods giant sees profits rise by a fifth based almost entirely on increasing its prices.www.bbc.co.uk
This horrid government is here to protect their ever increasing profits, not to keep inflation down. They are not marmite either, most people hate them and want them out other than the super rich and super stupid.
The Unilever story very much echoes what he tells me. Major brands have used the inflationary environment to bolster their profits.
There’s a lot of brand power out there and supermarket buyers can’t really do much to stop it. If you are Tescos are refused to stock say Branson Pickle due to a price rise you’d do it at your peril. The consumer would be off to Sainsbury’s in a flash.