Author Topic: Grocery price discrepancies  (Read 60374 times)

Offline AsherO

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Re: Grocery price discrepancies
« Reply #140 on: May 10, 2022, 12:05:37 AM »
In the food business, it's not like things can just be done tomorrow. If things need to be done, someone's doing it, and they're getting paid. The job market isn't pretty and every employee knows it.

The establishment I noticed this at had me wait 15 minutes and request multiple times for someone to bring me a case of something from the warehouse, and it isn’t like there were no employees around, it was busy, they’re shorter staffed than they’d like to be, and some of the staff they do have on hand are likely new-ish and lack training/experience to be up to speed. You’re probably right, they might be paying more overtime than they’d like to be paying.
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Online jye

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Re: Grocery price discrepancies
« Reply #141 on: May 10, 2022, 01:44:08 PM »
It’s not just passing along costs. Prices are also sticky on the way down. There is no longer a chicken cutlet shortage but some stores are still upwards of $10 a pound. Costco in Brick has the family pack of empire chicken cutlets at 5.49 a pound almost half the price.

Offline AsherO

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Re: Grocery price discrepancies
« Reply #142 on: May 10, 2022, 01:48:13 PM »
It’s not just passing along costs. Prices are also sticky on the way down. There is no longer a chicken cutlet shortage but some stores are still upwards of $10 a pound. Costco in Brick has the family pack of empire chicken cutlets at 5.49 a pound almost half the price.

Prices aren’t going back down to 2019 prices, fuhgettaboutit
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Offline Lurker

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Re: Grocery price discrepancies
« Reply #143 on: May 10, 2022, 03:48:37 PM »
It’s not just passing along costs. Prices are also sticky on the way down. There is no longer a chicken cutlet shortage but some stores are still upwards of $10 a pound. Costco in Brick has the family pack of empire chicken cutlets at 5.49 a pound almost half the price.

The prices on cutlets weren't raised because supply was short. Prices were raised because costs went up. Wholesale prices haven't come down, so you're not going to see prices come down in the grocery store. You'll probably actually see them continue to rise as fertilizer, feed, gas, packaging, and labor costs all continue to get more expensive. The bird flu issue is also not resolved, and likely won't be for a while.

There are many factors which go into pricing, and people need to stop assuming that they will see an immediate change once one issue is resolved.
« Last Edit: May 10, 2022, 03:57:51 PM by Lurker »
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Online jye

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Re: Grocery price discrepancies
« Reply #144 on: May 10, 2022, 04:08:20 PM »
The prices on cutlets weren't raised because supply was short. Prices were raised because costs went up. Wholesale prices haven't come down, so you're not going to see prices come down in the grocery store. You'll probably actually see them continue to rise as fertilizer, feed, gas, packaging, and labor costs all continue to get more expensive. The bird flu issue is also not resolved, and likely won't be for a while.

There are many factors which go into pricing, and people need to stop assuming that they will see an immediate change once one issue is resolved.
Interesting. Moadim usually does cost price for their distributions. Was their post pesach distribution below cost?



Offline Lurker

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Re: Grocery price discrepancies
« Reply #145 on: May 10, 2022, 04:26:05 PM »
Interesting. Moadim usually does cost price for their distributions. Was their post pesach distribution below cost?

Depends on the brand and what Moadim's specific deal is, but it doesn't look too far off.
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Offline 4yourinfo

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Re: Grocery price discrepancies
« Reply #146 on: May 10, 2022, 04:28:36 PM »
The prices on cutlets weren't raised because supply was short. Prices were raised because costs went up. Wholesale prices haven't come down, so you're not going to see prices come down in the grocery store. You'll probably actually see them continue to rise as fertilizer, feed, gas, packaging, and labor costs all continue to get more expensive. The bird flu issue is also not resolved, and likely won't be for a while.

There are many factors which go into pricing, and people need to stop assuming that they will see an immediate change once one issue is resolved.
You gotta be joking - unless you mean we won't see prices under 4.00. but, we're already seeing a change at ShopRite/Costco.
Meat prices have similar expenses yet their prices didn't double..

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Re: Grocery price discrepancies
« Reply #147 on: May 10, 2022, 06:07:21 PM »
It’s more complicated since the actual inflation rate across the board is lower than the rate for these products. So you’d have to calculate price-increases across all sales and compare to cost-increases (stuff like overhead, labor costs, packaging, etc) to figure out if they’re gaining, losing, or breaking even.

My guess is that many supermarkets are struggling with HR (finding and retaining qualified staff, and doing so at the wages they hope to pay), so even if it’s a break-even in dollars and cents (whether adjusting for inflation or not), the headache is certainly there.
Another factor that many are forgetting about is the surging dollar. The dollar has risen almost 10% against the shekel and is surging against other currencies. This means that in many cases the cost basis of  imported products are cheaper even after factoring in inflation. 

« Last Edit: May 10, 2022, 06:52:49 PM by jye »

Offline Lurker

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Re: Grocery price discrepancies
« Reply #148 on: May 10, 2022, 06:32:39 PM »
You gotta be joking - unless you mean we won't see prices under 4.00. but, we're already seeing a change at ShopRite/Costco.
Meat prices have similar expenses yet their prices didn't double..

I haven't seen any retailer lower prices on chicken, Jewish or not. And bird flu didn't kill millions of cows.
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Offline yungermanchik

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Re: Grocery price discrepancies
« Reply #149 on: May 10, 2022, 07:31:26 PM »
I haven't seen any retailer lower prices on chicken, Jewish or not. And bird flu didn't kill millions of cows.
I think I just woke up in an alternate reality....







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Re: Grocery price discrepancies
« Reply #150 on: May 10, 2022, 07:45:57 PM »


I've been to 3 Costcos recently and haven't seen those prices. It may be a local sale, for any number of reasons.
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Offline yungermanchik

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Re: Grocery price discrepancies
« Reply #151 on: May 10, 2022, 07:52:43 PM »
I've been to 3 Costcos recently and haven't seen those prices. It may be a local sale, for any number of reasons.
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Offline ushdadude

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Re: Grocery price discrepancies
« Reply #152 on: May 11, 2022, 04:57:21 PM »
Pargiot is $13.99/lb in Surfside. What's it at your local grocery?


8.99 for gross ones, 11.99 for slightly less gross ones

Offline AsherO

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Re: Grocery price discrepancies
« Reply #153 on: May 11, 2022, 05:35:25 PM »
8.99 for gross ones, 11.99 for slightly less gross ones

It’s almost like they’re saying that by definition Pargiot means the ones that aren’t “extra clean”.
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Offline 4yourinfo

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Re: Grocery price discrepancies
« Reply #154 on: May 11, 2022, 07:44:58 PM »
Evergreen seems to be overstocked with cutlets - freezer is full. Bingo back to selling the untrimmed packs hopefully a glut coming and prices will start dropping.

Offline ushdadude

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Re: Grocery price discrepancies
« Reply #155 on: May 11, 2022, 10:24:27 PM »
Evergreen seems to be overstocked with cutlets - freezer is full. Bingo back to selling the untrimmed packs hopefully a glut coming and prices will start dropping.


Maybe it's all the egg laying chickens ;D

Offline chaimfrish

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Re: Grocery price discrepancies
« Reply #156 on: May 11, 2022, 10:38:11 PM »
Evergreen seems to be overstocked with cutlets - freezer is full. Bingo back to selling the untrimmed packs hopefully a glut coming and prices will start dropping.
Do you think prices are ever going to go lower again?

Offline 4yourinfo

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Re: Grocery price discrepancies
« Reply #157 on: May 12, 2022, 12:49:18 AM »
Do you think prices are ever going to go lower again?
I'm hoping for a crash if stores are all full that means they won't be ordering much next week, suppliers will get desperate to unload... I hope this isn't wishful thinking.

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Re: Grocery price discrepancies
« Reply #158 on: May 12, 2022, 06:10:13 AM »
I'm hoping for a crash if stores are all full that means they won't be ordering much next week, suppliers will get desperate to unload... I hope this isn't wishful thinking.
It probably is wishful thinking. Not only that, there is a good chance there will be another shortage again next yom tov season. Now that retail supply is back to normal, they need to start replenishing inventory for busy season.
I wonder what people who type "u" instead of "you" do with all their free time.

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Re: Grocery price discrepancies
« Reply #159 on: May 12, 2022, 09:11:27 AM »

And Golden Flow is now no longer on WIC at one of the local stores. They priced themselves out. Either WIC will approve the higher price of we will see GF roll back the price.