Gem Girl
Pearl Clutcher
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Posts: 2,686
Jun 29, 2014 19:29:52 GMT
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Post by Gem Girl on Aug 21, 2024 23:44:43 GMT
Well this was interesting. VP Harris said that part of her platform would be to get prices down. DH did the weekly grocery shopping yesterday, and he said overall prices were down about 1/3 from last week. He's guessing it's based on her say-so. What are the Peas seeing?
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snyder
Pearl Clutcher
Posts: 4,346
Location: Colorado
Apr 26, 2017 6:14:47 GMT
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Post by snyder on Aug 21, 2024 23:48:42 GMT
Today, I was doing an online order for pick up on Friday. I noticed quite a few higher prices of some items I buy often. I was cussing under my breath today that it just doesn't quit. So I would absolutely say no that is not a true statement. And I scratch my head wondering where your husband shops.
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Post by cmpeter on Aug 21, 2024 23:50:59 GMT
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Post by littlemama on Aug 22, 2024 0:04:13 GMT
I think companies are recognizing that people are aware that Corporate Greed is fueling higher prices and nothing else.
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breetheflea
Drama Llama
Posts: 6,592
Location: PNW
Jul 20, 2014 21:57:23 GMT
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Post by breetheflea on Aug 22, 2024 0:08:53 GMT
I don't think prices would go down 1/3 and that quickly and before a candidate got into office.
I was grocery shopping on Tuesday and spent about what I always spend.
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Post by lisae on Aug 22, 2024 0:45:05 GMT
I haven't seen much movement. Most things have stopped increasing and a few items have come down but not that much. Prices usually don't come down that much.
DH stopped at a store we don't shop at often and bought a $5 loaf of bread which he complained about. I like those short wide loaves of bread with higher fiber. They are $3 something at Walmart.
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Post by melanell on Aug 22, 2024 0:46:39 GMT
My grocery receipts from two days ago look just about the same as they have the last several weeks, at least. The only grocery deals I managed to get this week were by combining a few Circle deals at Target.
I saved $15 because I spent $100 in total, but within that $100, I made sure that $50 worth of product was health & beauty related, which saved me an additional $10. I also used a Circle coupon and got my regular 5% off. That's the first time I've been able to say I was happy buying grocery items in awhile.
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Post by aj2hall on Aug 22, 2024 1:40:40 GMT
I'm not sure grocery prices have dropped, but they have leveled out. Some items have decreased in price. With the rise in wages, the average worker has to work about the same number of hours to buy a week's worth of food. Not sure if that accounts for shrinkflation, though. www.npr.org/2024/07/12/nx-s1-5037875/inflation-food-prices-grocery-supermarket-wagesWhat is going on with food prices? It may not feel like it, but grocery prices have actually leveled off for the most part.
So are grocery prices finally going to come down? To some degree.
The prices of some individual grocery items have come down. Fruit and vegetable prices have dropped over the last year, for example. So have milk and cheese prices.
However, the overall cost of groceries is unlikely to fall substantially.
But there is a silver lining. As grocery inflation slows, wages are catching up.
Over the last year, average wages have risen 3.9%, or about three and a half times as fast as grocery prices.
The typical worker now has to work about the same number of hours to buy a week's worth of groceries as in 2019, before the COVID-19 pandemic.
That's good news — even if for many Americans it doesn't feel that way.
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Post by crazy4scraps on Aug 22, 2024 3:44:37 GMT
I think companies are recognizing that people are aware that Corporate Greed is fueling higher prices and nothing else. The thing is, I don’t believe it’s the retailers that are really doing the most gouging. I think it’s the big food conglomerate corporations that are taking the most advantage. We don’t need to look any further than the year end corporate profits and CEO wages for companies like General Mills, Nestle and Tyson which have been raking in record profits. Here’s a good article I found. civileats.com/2023/05/22/food-prices-are-still-high-what-role-do-corporate-profits-play/#:~:text=Food%20corporations%20are%20thriving.,3%20percent%20to%20%2446%20billion.
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Post by littlemama on Aug 22, 2024 10:19:41 GMT
I think companies are recognizing that people are aware that Corporate Greed is fueling higher prices and nothing else. The thing is, I don’t believe it’s the retailers that are really doing the most gouging. I think it’s the big food conglomerate corporations that are taking the most advantage. We don’t need to look any further than the year end corporate profits and CEO wages for companies like General Mills, Nestle and Tyson which have been raking in record profits. Here’s a good article I found. civileats.com/2023/05/22/food-prices-are-still-high-what-role-do-corporate-profits-play/#:~:text=Food%20corporations%20are%20thriving.,3%20percent%20to%20%2446%20billion. Yes, small retailers do not have much control over prices. Large corporations including walmart, kroger,etc are definitely raking in record profits and so are thw large manufacturers
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Post by crazy4scraps on Aug 22, 2024 13:04:07 GMT
From the article I linked:
What I bolded above is part of why it’s so important who ends up on our Supreme Court. The current right wing majority have made rulings that have weakened consumer protections and increased corporate power and influence. If things don’t change at the SC, the general population will continue to get screwed over.
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Post by rymeswithpurple on Aug 22, 2024 13:23:55 GMT
I think it also depends on where you shop. DH and I eat the same thing for dinner each night when we make it (ex., we made chili on Sunday and that's dinner for the week); I'm sure we'd be spending more if 1) we had kids and 2) we were making a different dinner each night.
I usually spend between $50 and $80 at Aldi each week for us for groceries. Just depends on what we're having for dinner for the week as well as our Saturday meal, which generally changes each week. We usually have the same meal for dinner every Sunday, but it occasionally changes.
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iowgirl
Pearl Clutcher
Posts: 4,317
Jun 25, 2014 22:52:46 GMT
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Post by iowgirl on Aug 22, 2024 13:26:25 GMT
I don't think prices would go down 1/3 and that quickly and before a candidate got into office. And Harris is NOT Walmarts candidate for sure - so they wouldn't be doing it to make her look good. They may be seeing their sales dropping like a rock and are trying to get that stopped.
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Post by crazy4scraps on Aug 22, 2024 13:38:02 GMT
I don't think prices would go down 1/3 and that quickly and before a candidate got into office. And Harris is NOT Walmarts candidate for sure - so they wouldn't be doing it to make her look good. They may be seeing their sales dropping like a rock and are trying to get that stopped. This. There was just something on our news last night that Target had been facing that too so they lowered prices on a bunch of different key things over the summer. It worked and their 2nd quarter sales went up 2%, with sales growth showing in all major categories.
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pantsonfire
Drama Llama
Take a step back, evaluate what is important, and enjoy your life with those who you love.
Posts: 6,291
Jun 19, 2022 16:48:04 GMT
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Post by pantsonfire on Aug 22, 2024 14:43:16 GMT
I have tracked prices even before Covid. It helped me to see patterns on when items are best price and when to stock up as well as when an item was truly on sale.
With that said lots of items have come down in price, like fresh meat, dairy, grains, pasta, etc.
But other items have recently had an increase like canned beans and vegetables, ice cream, frozen items.
At Albertson's canned beans went up a solid 90 cents. At Stater Bros they went up 40 cents.
So I wait for 10/$10 sales to stock up.
Milk has gone back up $1 for what we get per gallon.
Chicken and ground turkey has gone down $1-2 per pound. And I saw whole chickens for 99 cents a pound. Lately on sale it was $1.29 p/p. Years ago they would be on sale for 69 cents per pound and 2x a year would go to 39 cents a pound.
I also noticed sales have changed at Albertson's as well as their member coupons. More sugar crap and drinks seem to be the priority right now. Those items aren't moving so the sales help.
We shop Aldi for some produce (various berries, onions, bananas, small potatoes, tomatoes) and then split the rest between Stater Bros and Albertson's.
Personally I never found WM to be cheaper.
And my Target is the same or more on items I buy so I don't shop there. Only time I get a food item is when my stores are out of King Arthur GF flours. They are comparable to me buying on line and shipping.
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katybee
Drama Llama
Posts: 5,468
Jun 25, 2014 23:25:39 GMT
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Post by katybee on Aug 22, 2024 15:15:28 GMT
Greed is a tricky thing. Of course these huge private equity firms want to squeeze every last penny they can out of consumers (and blame it on supply chains and inflation). But there comes a point where people just CANNOT do it anymore. They start cutting out things like fancy ice cream and just go back to the basics. Then, they have to start cutting out the basics. And then those big private equity firms are screwed. As others have mentioned, our grocery stores are monopolies. Yes…the actual grocery stores themselves. But especially the private equity firms. THEY control prices. Not the president (they have WAY more power than the president!).
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huskergal
Pearl Clutcher
Posts: 3,443
Jun 25, 2014 20:22:13 GMT
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Post by huskergal on Aug 22, 2024 17:59:45 GMT
Greed is a tricky thing. Of course these huge private equity firms want to squeeze every last penny they can out of consumers (and blame it on supply chains and inflation). But there comes a point where people just CANNOT do it anymore. They start cutting out things like fancy ice cream and just go back to the basics. Then, they have to start cutting out the basics. And then those big private equity firms are screwed. As others have mentioned, our grocery stores are monopolies. Yes…the actual grocery stores themselves. But especially the private equity firms. THEY control prices. Not the president (they have WAY more power than the president!). I don't understand how corporations don't get the correlation. If people buy more at lower prices, it is the same as fewer people buying less at higher prices. If you pay your workers, the money goes back into the economy. When people buy stuff, it creates jobs.
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Post by papersilly on Aug 22, 2024 18:16:39 GMT
i'll know it when i see meat prices go down.
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Post by Scrapper100 on Aug 22, 2024 19:53:07 GMT
I had return at Target and ended up picking up a couple things for dinner and they were cheaper than Walmart. One was an item Aldi didn’t carry snd their prices on sliced Swiss was much cheaper than Walmart and about the same as Aldi. I think Target has lowered some things. Our store is small so doesn’t carry as much selection so I don’t shop there often. Aldi and Walmart are about 7 minutes away vs 15-20 for Target.
I have ordered a few things online at the beginning of summer on some basics and they were much cheaper than Walmart snd they used to be more by about 25% so they have lowered things quite a bit. Yes they are higher than in 2014 but that’s to be expected. I think luxury items are up more than others.
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Post by cadoodlebug on Aug 22, 2024 20:20:38 GMT
Personally I never found WM to be cheaper. I personally find them a lot cheaper ~ at least on the items I buy regularly. Occasionally my Raley's or Safeway app will have *deals* that make those items cheaper. But overall, Walmart, in MY experience, is cheaper.
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Post by wezee on Aug 22, 2024 21:51:03 GMT
Still ridiculously expensive
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Post by workingclassdog on Aug 23, 2024 3:27:33 GMT
I don’t see it getting better yet. I base my prices off two or three things that I buy regularly.
Milk is still up
Sausage is double since last year (even longer) Used to be two packs for $5.00 now it is 5.99 for one pack
Coke (pop in general) way more than double. I rarely buy it now or I buy 2 liters.
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Post by Linda on Aug 23, 2024 13:00:46 GMT
I shop primarily at Aldi and then go across the street to Publix to fill in. I do shop from the sale ads and I tend to make my menu from the pantry/freezer and what's in my farm box (fruits and veg) so my grocery shop is primarily dairy products (milk, cheese, eggs, yoghurt), sale items to restock the pantry/freezer (typically meat/fish and pantry ingredients vs packaged foods - with some exceptions - Mrs T's pierogies are on tomorrow's grocery list as they are BOGOF), and then replacing basics that have run out. Plus of course cat and household needs
Eggs are down - not back to .99/dozen but down below $2/dozen. Milk is pretty much where it's been for several years - just under $5/gal at Publix and under $2/halfgallon at Aldi. Meat and fish prices seem fairly stable at regular price but I'm seeing sales a little more often. Canned goods have increased and so have 'junk food' prices. Cat food went up a while ago and hasn't gone back down. Our cat litter hasn't changed price in years. I stopped buying soda (thanks Covid -it now tastes flat) but it went up a LOT over the past few years.
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Post by peasapie on Aug 23, 2024 14:20:34 GMT
I have noticed some prices going down. Not for produce though.
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Post by crazy4scraps on Aug 23, 2024 16:21:34 GMT
I don’t see it getting better yet. I base my prices off two or three things that I buy regularly. Milk is still up Sausage is double since last year (even longer) Used to be two packs for $5.00 now it is 5.99 for one pack Coke (pop in general) way more than double. I rarely buy it now or I buy 2 liters. I noticed that pop was way up. I normally never buy it but we wanted to make orange floats one day and a 12 pack of Fanta was $7.99. 😳 Since it’s kind of a one off treat I bought it but I can’t imagine putting it into our regular rotation. Even the flavored seltzers I normally buy I wait until they’re on sale $10/3 or I get it at Costco when it’s about $8-9 for 24 cans.
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