The Grocery Shopping the NCA Wouldn't Do
First
Published -
August 2nd, 2007
Last
week the National Consumer Agency published its first national
comparison of grocery prices. Given that it failed to include two chains
who offer what the NCA claims the Irish consumer is lacking at the
moment - better value and greater price competition -
www.valueireland.com is renaming it the NCA “Notional” grocery price
survey.
Supposedly, the NCA were only shopping for branded items but that in
itself is falling into the hands of large multiples. People misguidedly
seem to be willing to pay a premium for better known branded items when
in a lot of cases, the lesser known brands, such as those stocked by
Aldi and Lidl are just as good - and cheaper as well.
The
interim Chief Executive of the NCA, Ms. Ann Fitzgerald,
called for further international competition to be brought to bear on
the Irish groceries market. Easily said when you're ignoring 2 of the 5
main multiples in the country.
So, we in
http://www.valueireland.com
did the shopping that the NCA wouldn't do. We
took the shopping list from their website and went to Lidl on July 30th,
and to Aldi on July 31st.Where there were similar items available, we
took note of the corresponding prices. We couldn’t locate just three
items (or less well-known equivalents) in either Aldi or Lidl (Muller
Crunch Corner, Flora Sunflower Oil, and
Cow&Gate Baby Milk Comfort Stage 1
from Birth)
- all the rest were almost exact matches, albeit with less well-known
brand names. Our comparison is therefore across 43 items rather than the
NCA original listing of 46.
Even we
were amazed by the results -
our updated version of
the prices is available here.
So, for a
similar weekly shop in a Lidlor Aldi store, Irish consumers could save
about €30 over the three traditional multiples - that's a saving of
nearly 25%. If, as a shopper, assuming you're not absolutely tied to
brands, that's a fantastic saving.
What was
also interesting was that similar to the very close comparison between
the total cost in Dunnes, Superquinn or Tesco (only €2 in the difference
between them) there was also a very close comparison in the price
difference between Lidl and Aldi (only 30c across the 43 items).
So, with
the international competition that Ms. Fitzgerald so craves now already
um... well... competing in Ireland, Irish consumers could save
themselves over €1800 per year by
shopping at Aldi or Lidl.
But why
didn't Ms.Fitzgerald and the National Consumer Agency tell us that?