Supermarket "specials" risk misleading shoppers, Consumer NZ says

Supermarket "specials" risk misleading shoppers, Consumer NZ…

0 개 1,365 KoreaPost

bb0d8dd23f4b58576d867eded4e12001_1596577870_5014.gif
 

Consumer NZ's latest supermarket survey found products can be on "special" so often shoppers risk being misled about the savings they're getting.

Consumer NZ chief executive Jon Duffy said price promotions had become so common that shoppers had good grounds to question whether the discounts were real.

In this year's survey, Consumer NZ tracked online prices for a basket of 22 grocery items for 12 weeks at Countdown, New World and Pak'nSave stores in Auckland and Wellington.

"Many of the items we tracked were routinely discounted. While genuine price promotions are good for consumers, we found specials aren't always as 'special' as supermarkets would like us to believe," he said.

At Pak'nSave, the majority of the 22 products that Consumer NZ tracked were on special six or more times. At New World, half the items were on special on six or more occasions.

Countdown's specials varied: anywhere from two to 10 items were on special each week.

Mr Duffy said when the price of a product is regularly reduced, the special price is really its usual selling price.

At New World, Vogel's, Ploughman's Bakery and Nature's Fresh loaves were on special 11 out of 12 weeks. At Pak'nSave Lower Hutt, Nature's Fresh bread had an "extra-low" price of $2.99 for all 12 weeks.




Stores enticing customers with price promotions must be offering a genuine deal. Otherwise, they'll mislead consumers and breach the Fair Trading Act.

Mr Duffy said supermarkets use a confusing array of terms in their price promotions, which makes it harder for shoppers to gauge whether they're getting a genuine discount.

Consumer NZ wants the Commerce Commission to use its market study powers to investigate the supermarket industry.

"New Zealand has one of the most concentrated supermarket industries in the world, with two big players dominating the market. That degree of concentration brings with it the risk consumers will end up paying higher prices," Mr Duffy said.

Despite the high degree of market concentration, the supermarket sector had failed to attract much scrutiny. Mr Duffy said it's time for that to change. 


Source: consumer.org.nz

Report shows challenging future for children …

댓글 0 | 조회 184 | 15시간전
The future of childhood h… 더보기

Farmers Santa Parade, supported by the city c…

댓글 0 | 조회 330 | 17시간전
Two symbolic characters a… 더보기

Investors on the rebound and first home buyer…

댓글 0 | 조회 513 | 2일전
New Zealand's property ma… 더보기

NZ Compare Awards 2024 Finalists Announced

댓글 0 | 조회 262 | 3일전
The NZ Compare Awards 202… 더보기

More property sellers face losses amidst weak…

댓글 0 | 조회 755 | 9일전
By Kelvin Davidson, CoreL… 더보기

99,000 children in persistent poverty

댓글 0 | 조회 519 | 2024.11.12
98,900 children in Aotear… 더보기

First Home Buyers capitalise on soft market

댓글 0 | 조회 555 | 2024.11.07
First home buyers (FHBs) … 더보기

Slowing rate of decline signals potential val…

댓글 0 | 조회 598 | 2024.11.01
Property values in New Ze… 더보기

Investors take a fresh look at the NZ propert…

댓글 0 | 조회 678 | 2024.10.24
Mortgaged multiple proper… 더보기

NZ construction costs show minor uptick amids…

댓글 0 | 조회 471 | 2024.10.16
Tax changes, high levels … 더보기

OCR down again as mortgage rates set to keep …

댓글 0 | 조회 776 | 2024.10.09
Commentary from Kelvin Da… 더보기

Spring marks subtle shift in market condition…

댓글 0 | 조회 270 | 2024.10.08
Spring has sprung, but gr… 더보기

Rate cuts haven't pumped up house prices yet

댓글 0 | 조회 411 | 2024.10.03
CoreLogic's hedonic Home … 더보기

Minister of Health announcement on Fetal Alco…

댓글 0 | 조회 534 | 2024.09.26
The Minister of Health Ho… 더보기

Where are Aotearoa NZ's $1 million+ housing m…

댓글 0 | 조회 696 | 2024.09.25
By Nick Goodall, CoreLogi… 더보기

5 of the best ways to enjoy spring in Aucklan…

댓글 0 | 조회 380 | 2024.09.24
Tāmaki Makaurau is one of… 더보기

Property sales slowly rising heading into spr…

댓글 0 | 조회 447 | 2024.09.19
With the spring selling s… 더보기

Local alcohol policy: Freeze on new liquor st…

댓글 0 | 조회 296 | 2024.09.16
From today (Monday 16 Sep… 더보기

Property sector: New Zealand's economic power…

댓글 0 | 조회 418 | 2024.09.12
WELLINGTON, NEW ZEALAND -… 더보기

Housing market still flat despite interest ra…

댓글 0 | 조회 342 | 2024.09.10
House prices do not yet r… 더보기

Lower interest rates may take time to ripple …

댓글 0 | 조회 567 | 2024.09.05
CoreLogic's Home Value In… 더보기

Low deposit mortgages help fuel first home bu…

댓글 0 | 조회 1,229 | 2024.08.22
First home buyers (FHBs) … 더보기

Affordability challenges persist despite soft…

댓글 0 | 조회 356 | 2024.08.14
By Kelvin Davidson, CoreL… 더보기

Frigid housing market's winter blues continue…

댓글 0 | 조회 389 | 2024.08.13
Residential property valu… 더보기

Resale profits decline as buyer bargaining po…

댓글 0 | 조회 284 | 2024.08.08
By Kelvin Davidson, CoreL… 더보기