The Warehouse drops price of basic groceries as cost of living skyrockets
With record-high inflation and the cost of living skyrocketing many retailers are increasing their prices - but one is bucking the trend.
The Warehouse announced on Tuesday it would be dropping the price on several key grocery items.
The Warehouse Group CEO Nick Grayston said with the cost of living increasing "every dollar needs to go as far as possible", which is why it is reducing the prices for several items.
From now on a two-litre bottle of milk is $3, 500 grams of Tararua butter is $4 and 1.2kg of Sanitarium Weet-bix is $5 at Warehouse stores. Grayston said they are the cheapest everyday prices available in New Zealand and more drops can be expected in the coming months.
"Our customers trust us to provide the best value for money and we're committed to this. Kiwis know they can come to The Warehouse for the best deals on their household essentials.
"Value isn't just about low prices – by providing quality products across all of our categories, our customers can feel confident that the range of options we provide will last longer, and provide better value for their money in the long run."
Newshub compared the new prices to products available at Countdown, PaknSave and New World. The cheapest two-litre milk available at Countdown is A2's Fresha Valley standard milk coming in at $4.9. At PaknSave the cheapest equivalent milk is Anchor Blue at $4.49 and New World is the Value standard milk at $3.96.
The price drops come after The Warehouse extended its offering to include pantry items such as flour, dried fruit, nuts and sauces.
Grayston said more products will also be available in the coming months.
Record inflation, rising interest rates, staff shortages and supply chain issues is causing the cost of living to skyrocket with Prime Minister Jacinda Ardern labelling it a crisis earlier in the year.
It comes after a recent survey found 90 percent of all retailers are looking to bump up their prices by 7.5 percent. The increases were prompted by COVID-19, minimum wage increases, the doubling of sick leave and never-ending global supply chain issues.
High grocery prices are also under the spotlight after a Commerce Commission report into the sector found competition is "not working well for New Zealand consumers" with smaller retailers unable to compete effectively against the two main players.
The Commission made a slew of recommendations to fix the issue including changing planning laws to free up land for new grocery stores, introducing a code of conduct for relationships with suppliers, and establishing an industry regulator.
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Poll: Should drivers retake the theory test every 10 years?
Drivers get where they need to go, but sometimes it seems that we are all abiding by different road rules (for example, the varying ways drivers indicate around a roundabout).
Do you think drivers should be required to take a quick driving theory test every 10 years?
Vote in the poll and share any road rules that you've seen bent! 😱
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49.5% Yes
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48.6% No
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1.9% Other - I'll share below
Here's Thursday's thinker!
I am lighter than air, but a hundred people cannot lift me. What am I?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Why make picking up reserved library books harder? What do you think? Challenge: Write the last stanza for the first poem attached below.
Once books are reserved in Auckland Libraries books, when they are available no longer go alphabetically by customer but instead go into a Holds pickup shelf number based presumably somehow on when each book needs to be picked up by.
I had two books reserved that arrived on two different days in the Blockhouse Bay Library and hence each book has a different shelf number. Hard to find unless you knew the shelf number in the notification email. Even if you knew the shelf number I found myself three books by the same author on the two shelf numbers.
More recently yesterday a book I reserved was on a different shelf number than was specified in my notification email (see image below).
Sadly it is clear from library staff that a numerical system for reserves is here to stay.
I suggest that so that all books for each person has the same shelf number, the shelf number becomes the last digit of a person's library card (0-9).
Within each shelf number a book is found under the day the reserve arrives in the library (01 to 31, hopefully the same date the email is sent).
Since a customer appears to have 10 days to pick up a book, ten days of the month would appear to be required at any time (for each digit 0-9).
Once there are 10 days used the next day's reserves could go back at the beginning of the shelf number after any remaining books not collected (hopefully none) are removed (along with the old day number and the new day number (01 to 31) inserted) after the last day available and future days' books remaining moved forward to make room.
Each day number (01-31) would appear once for each shelf number (0-9) before the first book on that day- perhaps cover an old withdrawn book with paper with each day number on the spine?
When a reserved book arrives in the library the last digit of the library card could be placed on a piece of paper in the book to be removed when it is put on the shelf, to be recycled the next day.
What do you think?
See the image below and page 3 below for a letter appearing in the Western Leader on 9 September:
www.neighbourly.co.nz...
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