🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

Sainsbury’s now more expensive than Waitrose - report

Published 06/10/2023, 13:42
© Reuters.  Sainsbury’s now more expensive than Waitrose - report
TSCO
-
SBRY
-
OCDO
-

Proactive Investors - A big shop at J Sainsbury PLC (LON:SBRY) in now pricier than at Waitrose, a Which? report has found.

According to the consumer group, the cost of a “large trolley” of goods was higher at Sainsbury’s than at Waitrose for the first time in September.

This placed Sainsbury’s as Britain’s most expensive supermarket during the month - given customers didn’t have a ‘Nectar’ loyalty card.

Cost of a large trolley of 131 goods at different shops in September (Which?):

  • Sainsbury’s - £359.23
  • Waitrose - £355.51
  • Tesco (LON:TSCO) - £350.41
  • Ocado (LON:OCDO) - £349.79
  • Morrisons - £332.22
  • Asda - £325.71

“This [...] demonstrates that shoppers can make considerable savings on their groceries depending on where they buy their food,” Which? said.

Though Aldi and Lidl were the cheapest for smaller-sized shops, the discounters were not included in the larger analysis given their lack of branded goods on shelves.

It was the cost of these smaller baskets that drew the attention of the consumer group meanwhile, for which Waitrose remained in the top spot as the most expensive.

Which? slated shops for not offering enough own branded and value range goods, particularly in convenience stores.

“Our research shows that staple foods including rice, spaghetti, baked beans and tea bags are among the items that could cost more than three times as much if budget-range versions are not available,” Which? said.

Morrisons and Tesco have indeed taken measures to ramp up the number of cheaper offerings, Which? said, but more needs to be done.

“Supermarkets can do much more to help shoppers during the current crisis,” Which? Retail Editor Ele Clark commented.

“They must ensure everyone has easy access to basic, affordable food ranges at a store near them.”

Read more on Proactive Investors UK

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.