Major supermarkets in trouble? Find out how discount retailers are giving them a run for their money!
- Replies 16
Are major supermarkets in Australia about to experience their biggest shake-up yet? It certainly looks that way as discount retailers are coming after the majors by offering certain grocery items for noticeably less.
Discount retailers such as The Reject Shop and NQR are competing with big names like Coles and Woolworths by offering certain groceries at significantly reduced prices.
With two-thirds of Australian groceries purchased from major supermarket chains, this new approach could potentially save the average consumer thousands of dollars on everyday household items.
One Reject Shop employee who stated, ‘If that means we're coming after the big guys, then I guess we are,’ seems to be on a mission to prove that David can indeed take on Goliath.
While Coles and Woolworths continue to reign supreme in the fresh food department, the likes of smaller stores and discount retailers are focusing their efforts on aggressively pricing items like soaps and laundry detergents.
One loyal shopper, who swears by the discount stores, said: ‘I regularly shop (at discount stores) just before I go into the main supermarket, just because you can pick up some great deals.’
With the current cost-of-living crisis affecting many Australians, NQR chief executive Ewan Jones highlights the importance of affordable groceries. He said: ‘Some people can't even live on a grocery bill these days. We are happy to say we can help them with that.’
For example, Morning Fresh dishwashing liquid can cost around $5 at Coles or Woolworths, while at the Reject Shop and NQR, it is available for half the price.
Hand soap and laundry detergent prices are also strikingly discounted at these alternative stores.
Joel Gibson, the author of Easy Money – a book about saving money, told reporters that shopping at smaller retailers could bring in more savings which could be quite ‘surprising’ to many consumers.
‘The business model of a lot of discount stores is cancelled orders, excess stock…or parallel import type stock,’ he said.
You can read more about The Reject Shop’s ‘parallel imports’ here.
But there's a catch! The major supermarkets still hold one significant advantage – convenience. As Mr Gibson aptly points out, ‘The reality is, what the major supermarkets sell above all else is convenience. You can get just about everything in one place, and that's exactly what they want you to do.’
This isn’t the first time Mr Gibson has shared money-saving tips online. In a separate article, he details all the ways a shopper could maximise their grocery savings and make their budgets stretch for longer. You can read more about his tips and tricks here.
Ultimately, it boils down to the age-old question of time versus money.
The potential savings of shopping at discount retailers are undoubtedly real, but are they worth the extra effort of shopping around and potentially making multiple stops to acquire all your grocery needs?
But one thing's for sure: discount retailers are certainly making their presence felt in the world of Australian grocery shopping.
So, keep an eye out for the best deals to stretch your dollar (or save some for a rainy day)!
What’s your verdict, members? Do you think it’s worth the effort to save a dollar or two by shopping around at discount retailers? Tell us your thoughts in the comments below!
Discount retailers such as The Reject Shop and NQR are competing with big names like Coles and Woolworths by offering certain groceries at significantly reduced prices.
With two-thirds of Australian groceries purchased from major supermarket chains, this new approach could potentially save the average consumer thousands of dollars on everyday household items.
One Reject Shop employee who stated, ‘If that means we're coming after the big guys, then I guess we are,’ seems to be on a mission to prove that David can indeed take on Goliath.
While Coles and Woolworths continue to reign supreme in the fresh food department, the likes of smaller stores and discount retailers are focusing their efforts on aggressively pricing items like soaps and laundry detergents.
One loyal shopper, who swears by the discount stores, said: ‘I regularly shop (at discount stores) just before I go into the main supermarket, just because you can pick up some great deals.’
With the current cost-of-living crisis affecting many Australians, NQR chief executive Ewan Jones highlights the importance of affordable groceries. He said: ‘Some people can't even live on a grocery bill these days. We are happy to say we can help them with that.’
For example, Morning Fresh dishwashing liquid can cost around $5 at Coles or Woolworths, while at the Reject Shop and NQR, it is available for half the price.
Hand soap and laundry detergent prices are also strikingly discounted at these alternative stores.
Joel Gibson, the author of Easy Money – a book about saving money, told reporters that shopping at smaller retailers could bring in more savings which could be quite ‘surprising’ to many consumers.
‘The business model of a lot of discount stores is cancelled orders, excess stock…or parallel import type stock,’ he said.
You can read more about The Reject Shop’s ‘parallel imports’ here.
But there's a catch! The major supermarkets still hold one significant advantage – convenience. As Mr Gibson aptly points out, ‘The reality is, what the major supermarkets sell above all else is convenience. You can get just about everything in one place, and that's exactly what they want you to do.’
This isn’t the first time Mr Gibson has shared money-saving tips online. In a separate article, he details all the ways a shopper could maximise their grocery savings and make their budgets stretch for longer. You can read more about his tips and tricks here.
Ultimately, it boils down to the age-old question of time versus money.
The potential savings of shopping at discount retailers are undoubtedly real, but are they worth the extra effort of shopping around and potentially making multiple stops to acquire all your grocery needs?
But one thing's for sure: discount retailers are certainly making their presence felt in the world of Australian grocery shopping.
So, keep an eye out for the best deals to stretch your dollar (or save some for a rainy day)!
Key Takeaways
- Discount retailers such as the Reject Shop and NQR are competing with major supermarkets on some items, offering noticeably lower prices on certain grocery items.
- These smaller players are focusing on aggressively pricing household items like soaps and laundry detergents while leaving fresh food to the major supermarket chains.
- NQR CEO Ewan Jones believes discount stores can appeal to new customers amid the cost of living crisis, helping individuals save on their grocery bills.
- Easy Money author Joel Gibson explains that the business model of discount stores is based on cancelled orders, excess stock, or parallel import type stock, resulting in lower prices.