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.
============================================
www.newshub.co.nz...
================================================
Live Q&A: Garden maintenance with Crewcut
This Wednesday, we're having another Neighbourly Q&A session. This time with John Bracewell from Crewcut.
John Bracewell, former Black Caps coach turned Franchisee Development Manager and currently the face of Crewcut’s #Movember campaign, knows a thing or two about keeping the grass looking sharp—whether it’s on a cricket pitch or in your backyard!
As a seasoned Crewcut franchisee, John is excited to answer your lawn and gardening questions. After years of perfecting the greens on the field, he's ready to share tips on how to knock your garden out of the park. Let's just say he’s as passionate about lush lawns as he is about a good game of cricket!
John is happy to answer questions about lawn mowing, tree/hedge trimming, tidying your garden, ride on mowing, you name it! He'll be online on Wednesday, 27th of November to answer them all.
Share your question below now ⬇️
Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
-
82.7% Yes
-
14.7% No
-
2.6% Other - I'll share below
RE: Hosting a FREE inspirational talk by Harita Davies in your school/class
Kia Ora
I would like to introduce you to Harita Davies, our national record holder in 3100-Mile race.
Harita is the only New Zealand woman to ever attempt and complete the world's longest certified running race, the 3100-Mile race (94km for 52 days and 28 pairs of running shoes!) The Self-Transcendence 3,100-Mile Race, described as “The Mount Everest of Ultramarathons” by the New York Times, requires competitors to maintain an average of 60 miles a day, amounting to over two marathons every day for 52 days!
Each year, contestants are drawn to the 3100-mile ultra for often inner reasons. Testing their physical and mental limits, with a curiosity about human potential itself. The race promises personal growth and self-discovery. Participants come from around the world to shatter their perceived limitations and discover a deeper sense of self. Only six women have ever completed the 3100-mile distance since its inception in 1997.
Please listen to Harita's many interviews with RNZ - www.rnz.co.nz......
Watch a trailer about the award-winning documentary covering the 3100 Mile Race -
www.youtube.com......
Accompanying her will be Preetidutta Thorpe, ultra marathon runner and a former Olympic-level contender in sailing who has just completed the Everest Marathon last year.
For Harita, meditation is the ultimate game changer in her running. This holistic approach cultivates peak performance and nurtures a deeper sense of well-being, She believes that caring for our own sense of peace is one of the most powerful contributions we can make to creating a better and more peaceful world.
Kindly get in touch if you would like to have Harita talk to your school/class about her experience and share a few simple practical meditation techniques to cope with stress, improve focus and cultivate resilience. The duration and depth of the subject matter can be tailored to suit.
Harita, now living in the US, and will be back in Auckland on Wednesday 12 February.
I look forward to the opportunity to discuss any possibilities for inspiring your school community to take the first step.
Warmest regards,
Durba Lee Preetidutta Thorpe
Mobile: 0220 653 719 Mobile: 0220 814 727
Sri Chinmoy Centre
Loading…
