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Poundland seeks to buy 99p stores

Covered End
Covered End Posts: 52,216
in Not Sports Related
Bugger. I bet this means all the 99p items, will be hiked to a £1.

Should we arrange a protest meeting ?

http://www.bbc.co.uk/news/business-31160517

Comments

  • Er_Be_Ab_Pl_Wo_Wo_Ch
    Er_Be_Ab_Pl_Wo_Wo_Ch Posts: 1,870
    Never been in it, but I like the fact there's a 98p shop in Peckham.
  • cafcfan
    cafcfan Posts: 11,228
    Poundland: Gross Profit margin - 36.9%
    Tesco: Gross Profit margin - 20.8%

    Now, I wonder which store provides the better deals....
  • Bolderhumphreyreid
    Bolderhumphreyreid Posts: 2,562
    How much?
  • cafcfan
    cafcfan Posts: 11,228
    I see the BBC article (sort of) describes Poundland as discounters. They are anything but. Most of the prices are either more than you'd pay in Tesco or the product sizes/weights are "trimmed".

    Out of interest, I've just had a look at my last Sainsbury's bill. Stripping out the meat purchases, (I don't think Poundland sells meat) my average purchase per item was 91p.
  • Missed It
    Missed It Posts: 2,735
    That's the trick you have to watch out for in a pound shop. You think you're getting a bargain at 99p, but you can buy the item elsewhere for 75p!!
  • Dippenhall
    Dippenhall Posts: 3,927
    Think this will all become evident eventually.

    It's no different from the issue identified for the elderly living alone, who buy small tins of beans costing twice as much compared to families who buy 4 large tins at a time. Putting stuff in smaller containers costs more.
  • Essex_Al
    Essex_Al Posts: 3,591
    Covered End said:

    Bugger. I bet this means all the 99p items, will be hiked to a £1.

    Should we arrange a protest meeting ?

    http://www.bbc.co.uk/news/business-31160517

    That's it, I'm sending back my season ticket, its all RD's fault!!
  • Brendan_O_Connell
    Brendan_O_Connell Posts: 8,938
    So my Christmas shopping is going to go up 6p this year!

    Disgraceful.

    We get so ripped off in this country!!
  • cafcfan
    cafcfan Posts: 11,228
    edited February 2015
    Brendan_O_Connell said:

    So my Christmas shopping is going to go up 6p this year!

    Disgraceful.

    We get so ripped off in this country!!

    They've got you over a barrel though - where else can you buy lametta?

    Edited to add John Lewis apparently and it's currently only 50p - I'll stock up for next year. johnlewis.com/john-lewis-lametta-red/p1421234
  • dizzee
    dizzee Posts: 5,616
    It has some absolute bargains, you just need to make sure you don't buy items that you can get elsewhere for cheaper. I bought deodorant the other day for £1, the exact same as what was selling in boots for £2.50. I spent the £1.50 I saved on a bag of 15 x 1p sweets for £1.50! Now who's the fool.

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  • braydex
    braydex Posts: 628
    agree with dizzee. if you only buy what you know is more expensive elsewhere then you're quids in. Mouthwash which would cost me £2.79 in waitrose and Dettol cleaning stuff which would cost much more elsewhere. They do, however, make their money when shoppers stray and buy 'stuff' they think is a bargain, but don't actually need!
  • T_C_E
    T_C_E Posts: 16,448
    RedMidland gets his suits there, he'll be well pissed off if they go up to a pound ;)
  • nth_london_addick
    nth_london_addick Posts: 35,919
    You need to becareful with the toiletries as they are not normally made with the same level of ingredients as uk products fluoride is one of the items they may contain more of
  • Brendan_O_Connell
    Brendan_O_Connell Posts: 8,938
    nth london addick said:

    You need to becareful with the toiletries as they are not normally made with the same level of ingredients as uk products fluoride is one of the items they may contain more of

    Too right! I bought toothpaste from there once and when I squeezed it dog shit came out on the brush.

    Still used the full tube though, there's no way I'm wasting a pound. No-one spoke or came near me for a few months, but at least I didn't waste any money!
  • Carter
    Carter Posts: 14,346
    Best things either shop sells are the fly electrocuting tennis racquets and the wind up bbq fans. worth every penny
  • harveys_gardener
    harveys_gardener Posts: 7,038
    Going to re-brand as 99.5p Land
  • cafctom
    cafctom Posts: 11,394
    Thats inflation for you.
  • soapboxsam
    soapboxsam Posts: 23,262
    The CEO of Poundland has told the staff at the 99p stores,

    "There won't be any change"
  • Oggy Red
    Oggy Red Posts: 44,989
    soapboxsam said:

    The CEO of Poundland has told the staff at the 99p stores,

    "There won't be any change"

    Wait until the penny drops.

  • Saga Lout
    Saga Lout Posts: 6,845
    I bought all my shopping in Poundland, walked round the corner and saw the 99p store - b*st*rds ripped me off! What a mug....

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  • soapboxsam
    soapboxsam Posts: 23,262
    Saga Lout said:

    I bought all my shopping in Poundland, walked round the corner and saw the 99p store - b*st*rds ripped me off! What a mug....

    shit happens.

    a penny for your thoughts.

  • killerandflash
    killerandflash Posts: 70,381
    Carter said:

    Best things either shop sells are the fly electrocuting tennis racquets and the wind up bbq fans. worth every penny

    Andy Murray should use one on court, it would help him get rid of his anger!

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