Beans, Butter etc

Campervanannie said:
It’s a much healthier margarine it’s butter mixed with rapeseed’s oil where cheap margarine is a mixture of oils, there is a red pack which is Lurpak butter and it says butter on the pack I believe because of the rapeseed’s oil they cannot call it butter which is why it’s called Lurpak spreadable EU regs I suspect
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Ref my post #6 this morning, Annie, Morrisons have reported today an annual loss of £1.5 billion, caused by debt servicing costs, additional debt loaded onto the business by the Private Equity business who bought Morrisons out, and a loss of market share [Aldi have replaced Morrisons as UK's 4th larget supermarket]. If you sell less, but have high fixed costs including the debt servicing, you have to charge more to maintain the revenue stream, leaving the door open for Aldi, Lidl et al to attack your market share further by reducing, or even merely holding prices level, especially during a cost of living crisis

One final problem for Morrisons; the Credit Agencies were given advance notice of the broad details of the financial results in mid February, resulting in Moody's downrating Morrisons credit rating from 'stable' to 'negative' which increases the latter's borrowing costs and also hampers the ability to raise new finance from Lenders. It's a good example of the old adage of 'The difference between keeping the balls up in the air' and a 'Balls up' is only 8 letters ...

Steve
 
Morrisons change their upper management after Ken died, and it has gone downhill since then, it's only about 15 years ago or even less when it was them who were building new supermarkets Aldi and Lidl were just a small concerns as was Netto.
 
Pudsey Bear said:
Morrisons change their upper management after Ken died, and it has gone downhill since then, it's only about 15 years ago or even less when it was them who were building new supermarkets Aldi and Lidl were just a small concerns as was Netto.
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IIRC, Kev, Ken Morrison ['KM'] became unhappy around the time of the Financial Crisis 2008/09 [which ties in with your timeframe] at the prospect of modernisation by introducing services such as online ordering and modernising warehousing/Stock sytems etc, at the expense of 'good old-fashioned customer service' [including keeping prices down]. I'm sure he had a shouting match with the then new Chief Exec at the AGM, criticising the modernisation plan and questioning its affordability. In some respects both KM and the new Chief Exec were both right; modernisation including multi-channel delivery was essential for Morrisons to be able to compete in the 21st Century, but keeping the traditional, thrifty, store visiting customer happy with decent prices and old-fashioned customer service was also essential. The fact that Morrsions ended up in Private Capital Fund ownership, and lost ground to Aldi and Lidl shows that the balancing act between the old and the new couldn't be managed

Steve
 
I hold to the last minute when they drop the price on goods/food to 10 or 20p at the end of the night as its the sell by date.
Next day its on the table and not one off us is dead as yet, my wife is doing her best on me so far but im refusing to roll over. :eek:
 
We usually forage for last minute bargains, but stupid people keep taking them when it's only 25% off, so there's hardly owt left.

They used to put them all in the same place, but now you have to go right round the supermarkets here.
 
When we moved I changed from shopping in Tesco and Asda to Morrisons and Aldi. I have to say that most of our favourites are in Aldi, home brand. I prefer their bacon (the cheap stuff), butter (Welsh salted), Brie, fresh meat (British) and their posh pasta is the biz. Staples like olive oil, the odd tin of beans, tinned tomatoes, pasta etc are probably on a par with other supermarkets because of price matching, but I go to Aldi for the stuff I like.
We have to go to Morrisons for John Smiths (Phill drinks it), Tanqueray 0% and Eisberg & Freixenet 0% wines.
 
Pudsey Bear said:
We usually forage for last minute bargains, but stupid people keep taking them when it's only 25% off, so there's hardly owt left.

They used to put them all in the same place, but now you have to go right round the supermarkets here.
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That happens here, in asda Ballyclare the local vicar would stand for ages to the assistand came with the tool to mark down price, then he grabed everything until one day I told him to fork off, he was about the size of 3 houses the greedy barstewart.
 
Of course if he was a kindly chap he may have been buying for the poor.
 
Pudsey Bear said:
Of course if he was a kindly chap he may have been buying for the poor.
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WE ask was he doing so, he replyed with a smirk oh yes, but folk who know him said no and thats why he was the size he was, think tesco staff told him not to be so greedy, hence not seen him for ages.
 
trevskoda said:
I hold to the last minute when they drop the price on goods/food to 10 or 20p at the end of the night as its the sell by date.
Next day its on the table and not one off us is dead as yet, my wife is doing her best on me so far but im refusing to roll over. :eek:
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Don’t know if they have it or not over there Trev but have a look at the TooGoodToGo app, places that sign up to it sell stuff of cheap. Can be bakery’s, supermarkets, carvery’s, anything that sells food and drink.
 
Trev if you want it cheaper wait till they close and have a shifty through the skip round the back. O I miss a good rumble through a skip. I could have a million quid but when I pass a skip I always give a wee sideways glance. 😂
 
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