Inflation | Page 13 | GTAMotorcycle.com

Inflation

Will we see a European model where you go to a green grocer for veggies, the butcher for meats , a cheese shop? Less convenience but better opportunity and quality ?
Value for money is a kicker when your paying an hours wage for a small steak
North Americans would rather use a service like Voila or Uber lol.

WBW growing up in England we had a mobile green grocer for fresh veggies and fruit, and of course the local milkman/woman every day for a fresh pint.

Wish those days could come back, current state of food freshness at the local supermarket is severely lacking. Slap a sticker on anything nowadays and sell it for full price. I am now at the point after eating so much poor quality food from the big chain that i will spend more money for decent quality food elsewhere.
 
Will we see a European model where you go to a green grocer for veggies, the butcher for meats , a cheese shop? Less convenience but better opportunity and quality ?
Value for money is a kicker when your paying an hours wage for a small steak
Some No Frills stores have two meat departments. One is pre cut and pre packaged. The other a concession run by a true butcher.
 
Search YouTube and you'll find the foreign food situation isn't a bed of roses. The fast food giants see them as a growing market and the local diets are being westernized with salt, sugar and fat. Obesity is a growing concern in third world countries.

Many of the countries are years behind in legislation to control bad diet options, fake cheeses, saturated fats etc.
 
Transitioning to limited pension income has us looking closely at our food costs especially as we prefer no meat /meat alternatives in the diet. No meat helps the budget but the alternatives cost more.
We are also fed up with packaging so now making our own yogurt which saves money and packaging, making our snacks and soon replacing our chocolate purchases entirely with our home grown. Lots of soups and curries which we freeze, shopping the specials.
Tropics are tricky for victory gardens but we manage a few items.

Supermarkets compete here so being careful to shop specials pays off. I tend to budget by individual meal cost.
Eat out once a week with friends and kid for social reasons and a treat.

Coffee on the horizon as the trees are doing okay tho the 50 cents for a Nespresso pod is not bad and the aluminum pods are fully recycled by the manufacturer.

We splurged on a Vitamix which opens up the coffee and chocolate home making plus other types of meals including smoothies.

Being retired gives us time to stretch the budget via food cost reduction.
 
Last edited:
Interesting approach and enhanced by your geography. I grew up on a farm , for a while we played with canning and preserves. I liked that we could control what went into the process but there was not cost savings .
Our program now is just looking at flyers and picking our menu around what’s on sale . Have not paid attention for 30 yrs , but we are now


Sent from my iPhone using GTAMotorcycle.com
 
so are they using variable or dynamic , those are two different pricing strategies , dynamic most often tied to on line sellers . It can drastically influence ROI for the vendor and shape the sales performance . And adjusting to consummer demand , it moves itself.
those on line surveys , rate your experience , your also helping price the product going forward and determining rebuys and alternates.

Its nutty how much data is affecting our day to day with mega retailers . Dont expect to see it at Kims Convenience , but expect it at CTC, Wally Mart, Grocerers , Amazon ( they define this catagory)

Good example look at your pricing on expedia for flights Sunday eve, look Tuesday at noon. Then try your search using a postal code log in from a ****** neighbourhood. Postal code pricing.
 
HD and Lowes have them in their appliance showrooms. From what I hear, if they rolled out to the whole store it could save between 2 and 10 people hours A DAY, per store, just in price changes.
 
so are they using variable or dynamic , those are two different pricing strategies ...
I think most retailers, including CTC, are using the tags to reduce the cost of labeling instore, not as a pricing strategy - yet.

My guess is dynamic pricing will hit grocers first. Consumer goods retailers pin prices to their weekly flyers, makes dynamic pricing harder as a huge portion of each week's revenue is flyer goods.
 
Be careful with the aisle bins at CT when you are shopping flyer items. I have seen this in quite a few CTs with tools specifically. As an example (I am not condoning buying MC drill bits), the flyer will have a 60 piece MC drill bit set on for say $10, they load up an aisle bin with a different 60 piece or similar set (still MC but different SKU, maybe old stock???) that is $30, you need to go to the shelf item to find the one on sale. My guess is people just grab it and don't notice at check-out as they have a long list of items. All kinds of tool items this happens to, it is also store to store (as most are independent they will do things differently).
 
Do I need to take a picture of the tag in case it changes on my way to cash out?
Afaik, the current generation of tags are rfid and require close contact to update. You need person going down the aisle with the writer touching each tag but it can be a mostly brainless and quick job as writer is pulling data from a database. For power reasons, I dont think current generation devices use something like wifi for remote update (although I wouldnt be surprises if they had an internal clock to allow sales to start/stop automatically).
 
Reminds me of stories of post WWI Germany where citizens would rush to the stores immediately after getting their pay cheques to buy groceries because their money would be worth half the next morning.
One of my college instructors went through that hyper inflation. Men got paid twice a day and the wives would come to the factory at noon to get the morning pay and buy groceries.
 
I can’t imagine run away inflation like that where a loaf of bread took a wheelbarrow of cash , but keep printing money….


Sent from my iPhone using GTAMotorcycle.com
Five grand for a cup of coffee? (Lira)

How much is 1000 Italian lire in dollars?

0.559732 USD

Convert Italian Lira to US Dollar
ITLUSD
1,000 ITL0.559732 USD
5,000 ITL2.79866 USD
10,000 ITL5.59732 USD
50,000 ITL27.9866 USD
 
Be careful with the aisle bins at CT when you are shopping flyer items. I have seen this in quite a few CTs with tools specifically. As an example (I am not condoning buying MC drill bits), the flyer will have a 60 piece MC drill bit set on for say $10, they load up an aisle bin with a different 60 piece or similar set (still MC but different SKU, maybe old stock???) that is $30, you need to go to the shelf item to find the one on sale. My guess is people just grab it and don't notice at check-out as they have a long list of items. All kinds of tool items this happens to, it is also store to store (as most are independent they will do things differently).
Thats called Bait and Switch. It's an illegal marketing tactic, but virtually impossible to prosecute.

PA also does this alot. If you visit a store day one of a "Mega smasher" sale, there will be several great buys thst are not available, in store words sold out. They were never there, but a healthy supply of a higher priced alternatives will be available.
 
Afaik, the current generation of tags are rfid and require close contact to update. You need person going down the aisle with the writer touching each tag but it can be a mostly brainless and quick job as writer is pulling data from a database. For power reasons, I dont think current generation devices use something like wifi for remote update (although I wouldnt be surprises if they had an internal clock to allow sales to start/stop automatically).
Tags are most commonly programmed through a proprietary hub over a 2.4 wireless radio network. I believe it's modeled after the old PLC factory automation networks (anyone remember Arcnet?), a repeating stream of data is banged a to and from addressable tags, NAKs issue service warnings.

Some tags have Bluetooth beacon detectors, they detect andcreport beacons from shopper's cell phones as they move thru the store. Analytics software uses this date to refine merchandising.

NFC is used by the customer, not for programming tags. Tap a tag for more info like a full spec sheet, member prices, stock updates etc.
 
Last edited:
I miss going to the hardware store where buddy put a sticker on the can , that’s how much it cost yesterday , today and likely tomorrow.

Thank God when I was last in Italy 4 yrs ago it was on the Euro for currency, like Greece in the hay day , you couldn’t get pockets big enough to hold the lira required for major purchase .


Sent from my iPhone using GTAMotorcycle.com
 

Back
Top Bottom