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From July, all of its independent retail partners will have the opportunity to earn up to a 6% volume rebate, rising from the prior cap of 1.5%. We’re excited to implement these enhanced terms for our independent retail partners and confident they will help us meet our ambitious growth plans for our Morrisons Daily estate.”
“Our commitment to customers is that products at the no name store will be up to 20% less than the regular retailprice on a comparable product at any of the four main discount grocers in that local area,” said Melanie Singh, President of Loblaw’s Hard Discount Division in a statement.
Online discount grocer Motatos has shut down its store in the UK just one year after launching in June 2022 due to what it described as ‘tough’ market conditions. The company maintained cheap prices by selling products that were out of season, close to their best before dates or had old packaging.
Jason: [37:26] No exact yeah I mean I think the Grocer’s talk and I hesitate to bring this up because I don’t think I remember I’ll for off the top my head but there’s like four typical types of shopping missions right so there is that like Pantry stocking shop there’s like a weekly shop there’s a.
While inflation and energy costs often take the blame, grocery prices are shaped by a web of deeper issues ones that dont always make the headlines. The reality is that supply chain breakdowns, retailpricing tactics and even the way we shop all contribute to the problem. The good news?
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