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Price Survey #13

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In recent times, the global economy has been confronted with the challenging issue of inflation. Its significant impact of surging prices on basic and essential goods has been a growing concern for individuals.

Are you one of those individuals ?

With this, EuroAsia Research Experts conducted a Price Survey to identify the cheapest supermarket retailer to help you make simple yet smarter decisions with your purchases.

The Price Survey is hereby guided by the following principles:

  • The Price Survey shall be conducted on a bi-monthly basis
  • An average of three retailers shall be surveyed each round
  • An average of 30 -70 items available across all retailers being surveyed shall be canvassed
  • Participants are ranked based on the total price of all comparable items (SKUs available across all retailers)

Participating Retailers

puregold-participating-retailers

Items Surveyed

79 items were surveyed, 54 of which are available across all retailers, which are as follows:

  1. Pancit Canton Kalamansi 80g
  2. Pancit Canton Chilimansi 80g
  3. Pancit Canton Sweet and Spicy 80g
  4. Lucky Me Beef 55g
  5. Lucky Me Chicken 55g
  6. Nescafe Original TP 52g*10
  7. Nescafe Original 25g*10
  8. Bear Brand Powder33g*8
  9. Milo 300g
  10. UFC Banana Ketchup 320g
  11. Absolute Water 350ml
  12. Mogu Lychee 320ml
  13. Yakult 80ml*5
  14. Pocari Sweat 900ml
  15. Pocari Sweat 500ml
  16. DM FourSeason1L Tetra
  17. DM Pj with Ace 220ml
  18. Datu Puti Soy Sauce 385ml Bot
  19. Datu Puti Soy Sauce 200ml
  20. Datu Puti Patis 350ml Gin Bot
  21. Lorins Patis 350ml Bot
  22. Mega Sardines in tomato 155g
  23. Mega Sardines in tomato sauce Chili Red 155G
  24. Ligo Sardines TSC 155G
  25. 555 Sardines TS 425G
  26. Argentina CB 175g
  27. San Marino ChiliCrnd Yellow 150g
  28. San Marino Crnd Tuna Red 150g
  29. Purefoods Corned Beef 150g
  30. Purefoods Corned Beef 210g
  31. Purefoods Corned Beef 380g
  32. Maling B2 Chicken Lencheon Meat 397G
  33. Libbys Vienna Sausage 4.60Z
  34. Cream-O Vanilla 30g*10s
  35. Sky Flakes 25g*10
  36. Sky Flakes 25g*24
  37. Piattos Cheese 85g
  38. Chippy Chl&Chs 110G
  39. Maxx Honey Lemon*50
  40. SC Alaska Evaporada 360ml
  41. Alaska Classic Sweetened Condensed Milk 300-375ml
  42. Alpine Evaporada 360ml
  43. Nestle All Purpose Cream 250ml
  44. Maggi Magic Sarap 55g
  45. Knorr Cube Chicken 120g
  46. Knorr Cube Pork 120g
  47. Knorr Cube Beef 60g
  48. Knorr Sinigang Sampaloc Original 22g
  49. Knorr Sinigang Sampaloc Original 44g
  50. Knorr Crab and Corn 55G
  51. Knorr Liquid Seasoning Original 250ml Bot
  52. Mama Sitas Oyster Sauce 765g/ 27oz
  53. Mama Sitas Oyster Sauce 405g
  54. Lady’s Choice Mayonaise Doy 220ml
  55. Lady’s Choice Mayonaise Doy 470ml
  56. Lady’s Choice Super Chunky PB 340g
  57. CheezeWhiz Original 210g Bot
  58. Mag Quickmelt 900g
  59. Eden Singles 5s 104g
  60. Eden Cheese 430g
  61. Creamsilk Standout Pink 12ml*12
  62. Sunsilk Pink 15ml*12
  63. H&S Shampoo Cool Menthol 12ml*12
  64. Dove Crm BS Pink 135g
  65. Dove Beauty BS 135g
  66. Safeguard BS WHT 125g
  67. Safeguard BS WHT 85G
  68. ModessWW SulitPK*32
  69. Zonrox CLRSFE 900ml
  70. Zonrox ORG 1L
  71. Zonrox ORG 3785ml
  72. Coca-cola Regular 1.5L
  73. Smirnoff Mule 330ml
  74. Cowhead Pure Milk 1L
  75. San Miguel Light Can 330ml
  76. Tang pineapple 19g
  77. Maya Orightcake 500g
  78. Maya All purpose flour 800g
  79. Mag Buttercup Margrn 200g

Result of the Survey

In terms of Pricing

When making purchasing decisions, consumers often compare the prices of similar products to evaluate which option offers the best value for their money. It is certain that price serves as a fundamental basis for comparison among consumers. In line with this, EuroAsia Research Experts gives you this week’s most affordable supermarket retailers.

puregold-in-pricing

Puregold, known as a Supermarket for the masses and resellers alike, with its famous tagline ”Sa PUREGOLD, Always Panalo!” excelled in terms of pricing among the four retailers with 54 out of 88 SKUs surveyed. Retailer 2 is 1.78% more expensive, followed by Retailer 3 and Retailer 4 at 2.90% and 6.05% respectively.

In terms of Product Availability

In terms of product availability, Shopwise, although the most expensive among the four retailers, won for having 100% of the 79 SKUs surveyed available. Followed closely by Puregold and SM Supermarket, which have 98.86% and 93.67% product availability, respectively. Meanwhile, Robinsons Supermarket, with only 70.89% of the products surveyed, served as the supermarket retailer with the lowest rate of availability.

puregold-in-product-availability

EuroAsia Research Expert is a valuable resource that offers a price survey, providing consumers with the latest insights from supermarkets and retailers. This information is designed to assist individuals in making well-informed purchasing decisions.

Whether you are looking to compare prices between different supermarkets or simply want to stay updated on the latest pricing information, EuroAsia Research Expert is here to help. So, the next time you are in need of guidance for your shopping needs, turn to EuroAsia Research Expert for the most up-to-date insights which will make you purchase with confidence.

TikTok Shop Could Treble S-E Asia Market Share in 2023: Report

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This will make it the fourth-largest e-commerce player in the region by gross merchandise value (GMV), behind Tokopedia with 13.9 per cent, Lazada at 17.7 per cent, and Shopee, which is set to top the market with a 46.5 per cent share of GMV.

The consultancy said this market share estimation is based on two factors – that TikTok reaches its GMV target of US$15 billion in South-east Asia in 2023, and that the other e-commerce players continue to see growth rates similar to 2021 and 2022.

sea-ecommerce

In a report on Monday (Aug 21), Momentum Works noted that TikTok Shop has shown “impressive” growth in South-east Asia, and the region also makes up most of its global GMV. TikTok Shop’s business grew from US$0.6 billion in GMV in 2021 to US$4.4 billion in 2022, and is set to reach a US$15 billion target in 2023.

“This will put TikTok Shop in the same league as established players Lazada and Tokopedia,” Momentum Works said.

The consultancy derived its data from interviews with platforms, logistics and payment players in each country in the region, as well as consumers and other ecosystem stakeholders. These were then cross-checked with numbers disclosed by platforms and calibrated to obtain the final numbers.

The report’s coverage of e-commerce included key marketplaces such as Shopee, Lazada and TikTok Shop, and excluded brands’ own platforms in the online retail market.

TikTok Shop has operations in all major South-east Asian markets – Singapore, Indonesia, the Philippines, Vietnam, Malaysia and Thailand – as well as in the UK, US and Saudi Arabia.

Momentum Works highlighted four characteristics of TikTok Shop that distinguish it from other e-commerce players.

First, unlike standalone e-commerce apps, TikTok Shop is an in-app feature of a social media platform. This means that it enjoys natural traffic via TikTok, which exceeded one billion monthly active users globally in 2022. This helps TikTok Shop save on costs to acquire and retain users.

Second, TikTok’s e-commerce sales are also mainly driven by recommending content to its users, in contrast to conventional marketplaces where users search for products.

Third, the platform is content-driven, with creators and multi-channel networks playing vital roles in the ecosystem.

Fourth, TikTok Shop does not have payment and fulfilment infrastructure, although it is working in that direction. Reuters reported earlier this month that TikTok is in the process of obtaining a payment licence in Indonesia.

In China’s e-commerce market, TikTok’s sister company Douyin and Chinese agriculture-focused online retailer Pinduoduo are already making waves. Within six years of their moving into the market, Alibaba’s market share had shrunk from more than 80 per cent to less than 50 per cent, according to Momentum Works.

While TikTok Shop is fast emerging as a serious contender against incumbent e-commerce majors such as Shopee and Lazada in South-east Asia, Momentum Works also sees TikTok competing with Amazon in the US and Middle East.

“Ultimately, change is the only constant. Whether TikTok Shop is a threat to incumbent platforms might not be a standalone question at all,” said Weihan Chen, Momentum Works’ insights lead.

“The bigger narrative is that in e-commerce, where leading players seem to have a network effect and structural advantage, disruption can still happen, and the incumbents should always remain focused and vigilant.”

Original Article: https://www.businesstimes.com.sg/startups-tech/startups/tiktok-shop-could-treble-s-e-asia-market-share-2023-report

Retail Updates H1 2023

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7 out of 10 Filipinos worry over rising grocery prices — Kantar

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ALMOST SEVEN out of 10 Filipinos are more worried about rising grocery prices than the possibility of another pandemic, a report by marketing data and analytics company Kantar showed.

“When we asked our respondents what concerns them most, top of the list and on top of their minds would be rising grocery prices… They’re even more scared of the rising grocery prices over another pandemic crisis from happening again,” Laurice Padlan-Obana, Kantar Philippines Worldpanel Division Consumer and Shopper Insight director, said during a virtual briefing on Wednesday.

Kantar’s Shopperscope 2023 report showed that 67% or seven out of 10 Filipinos are more concerned with rising grocery prices, while 50% were worried about another pandemic and 44% were concerned over higher fuel costs.

The survey used for the Kantar report was conducted from February to April and covered 2,000 households across the Philippines.   

Inflation peaked at 8.7% in January, as prices of food and fuel continued to surge. Since then, the consumer price index slowed to 8.6% in February, 7.6% in March and 6.6% in April.

Kantar said Filipino consumers were also concerned over the impact of climate change (39%), possible fuel shortages (34%), physical and mental health of self and others (30%), future financial security (30%), political conflict with other countries (28%), economic outlook of the country (24%), and food shortage (23%). 

However, most Filipinos remained hopeful in the next 12 months, with only 8% of respondents expect their situation to worsen.   

Ms. Padlan-Obana said more Filipinos are putting more emphasis on price and affordability when choosing where to purchase grocery items.

Consumers are also looking for stores with longer hours and quick checkouts as they return to their regular routines, she added.

The Kantar report classified Filipino shoppers into three groups — “struggling” or those who are unable to cover their expenses; “managing” or people who finds ways to make both ends meet; and “comfortable” or those who have the least budget constraints.   

“The ‘struggling’ are foremost concerned about rising prices and another pandemic happening. The ‘managing’ shoppers are concerned about the same things as struggling shoppers. The ‘comfortable’ are not only concerned about rising prices of goods but also about their health and their financial security in the future,” Ms. Padlan-Obana said.   

She noted majority of Filipinos are those that can find ways to make ends meet, which means they have a lot of discipline when making purchases.

Ms. Padlan-Obana said fast-moving consumer goods brands and retailers should understand the shopping behavior and preference of these shopper groups.

All three shopper groups buy their grocery items at hypermarkets, supermarkets, groceries, sari-sari stores, convenience stores, drug stores, and direct sales, with varying levels of frequency and loyalty.   

“The way to win them is communicating how they can save and maximize value in what they are paying for,” Ms. Padlan-Obana said.

The report also showed 68% of Filipinos plan their trips with a budget and grocery list. “Comfortable” shoppers also bring their families along during grocery shopping while “struggling” shoppers typically go by themselves. 

“Shoppers go to hypermarkets and supermarkets in a purposive and deliberate manner. It is highly planned, going straight to the aisles to look for where items on their list are found,” Ms. Padlan-Obana said.   

The report also showed Filipinos are visiting sari-sari stores more often, with a 5% annual increase to 212 trips. Nearly all or 99.7% of households buy from sari-sari stores, Kantar added.

Original Article: https://www.bworldonline.com/top-stories/2023/07/13/533867/7-out-of-10-filipinos-worry-over-rising-grocery-prices-kantar/

Price Survey #12

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We’ve seen the world grapple with inflation, and we’ve also felt it strongly as prices of basic and essential goods have increased at unprecedented levels.

With this, Euroasia aims to help consumers make easier yet smarter decisions with their purchases by conducting a Price Survey showing the cheapest supermarket retailer. The said Price survey will thus be guided by the following principles:

  • The Price Survey shall be conducted on a bi-monthly basis
  • An average of three retailers shall be surveyed each round
  • An average of 30 -70 items available across all retailers being surveyed shall be canvassed
  • Participants are ranked based on the total price of all comparable items (SKUs available across all retailers)

Retailers Surveyed

ERE-article-price-survey-merrymart-retailer

Items Surveyed

76 items were surveyed, 63 of which are available across all retailers, which are as follows:

  1. Pancit Canton Kalamansi 80g
  2. Pancit Canton Chilimansi 80g
  3. Pancit Canton Sweet and Spicy 80g
  4. Lucky Me Beef 55g
  5. Lucky Me Chicken 55g
  6. Bear Brand Powder135g
  7. Milo 300g
  8. Mang Tomas Regular 100g
  9. Ufc Banana Catsup 320g
  10. Ufc Banana Catsup 200g
  11. Lorins (Pouch) 150ml
  12. Datu Puti Vinegar 200ml
  13. Datu Puti Soy Sauce 200ml
  14. DM Four Seasons Tetra 1L
  15. Absolute Water 500ml
  16. Star Margarine Classic
  17. Magnolia Quickmelt Cheese 165g
  18. Kraft Eden Filled Cheese 160g
  19. Yakult 80ml*5
  20. 555 Sardines TomSauce 155g
  21. Mega Sardines in tomato sauce chilli 155g
  22. Century Tuna Flakes in Oil Hot and Spicy 180g
  23. Young’s Town Green 155g
  24. Argentina CB 150g
  25. Argentina CB 175g
  26. Purefoods Corned Beef ChiliGarrlic 150g
  27. Purefoods Corned Beef 380g
  28. Purefoods Corned Beef 210g
  29. Maling B2 Chicken Lencheon Meat
  30. TulipJamonillaLuncheonMeat RedSodium
  31. San Marino Corned Tuna 150g
  32. San Marino Corned Tuna Chili150g
  33. Rebisco Hansel Crackers Plain *10
  34. Sky Flakes Singles 25g*24
  35. Rebisco Hansel Flvr Mocha
  36. Rebisco Hansel Milk Sandwich
  37. LS Cheesecake Original 30g*10
  38. Maxx Honey Lemon *50
  39. Angel Evaporated Filled Milk 410ml
  40. AlaskaClassic Sweetened Condenesed Milk 300ml
  41. Alaska Evaporated Filled Milk 370ml
  42. Nestle All Purpose Cream 250ml
  43. Maggi Magic Sarap 55g
  44. Knorr Cube Chicken 120g
  45. Knorr Cube Pork 120g
  46. Knor Cube Beef 60g
  47. Quaker Instant Oats 200g
  48. Knorr Crab and Corn 55-60G
  49. Knorr Crab and Corn 40g
  50. Knorr Liquid Seasoning Original 250ml
  51. Mama Sitas Oyster Sauce 405g/14oz
  52. Iodized Salt McCormick 500g
  53. Purefood Hotdog Regular 1kg
  54. Ladies Choice Mayonaise Doy 470ml
  55. Safeguard Bar Lemon 175g
  56. Creamsilk Defense 12ml*12
  57. Head&Shoulder Menthol 12ml*12
  58. Sunsilk 13-15ml*12
  59. Downy fabcon sunrise fresh 24ml*6
  60. Coca-cola Regular 1.5L
  61. Magnolia DariCreme ButterMilk 200g
  62. Magnolia DariCreme Classic 200g
  63. Emborg Butter Salted 200g
  64. Maya All Purpose Flour 400g
  65. Maya Hot Cake Original 500g
  66. Nestle Fresh Milk 1L
  67. Alfonso Light 1L
  68. Gin Frasquito 350ml
  69. Antonov Vodka 700ml
  70. San Miguel Light Can 330ml
  71. San Miguel Pale Pilsen Can 330ml
  72. Tang Pineapple 19g
  73. Heineken Beer Can 330ml
  74. Heineken Silver Can 330ml
  75. Pineapple Slices 227g
  76. Reno Liver Spread 85g

Result of the Survey

In terms of Pricing

The winner of this week’s price survey is MerryMart Grocery, which excelled in terms of pricing among the three retailers surveyed. With a total of 63 SKUs out of 76, MerryMart Grocery outperformed the competition. It is followed by Retailer 2, which is 2.59% more expensive, and Retailer 3, which is 3.57% more expensive.

ERE-article-price-survey-merrymart-in-pricing

In terms of Product Availability

In terms of availability, Waltermart bested the other two retailers with 97.37% availability out of the 76 SKUs surveyed. It’s followed closely by SM Hypermarket at 96.05%. Despite winning in terms of price, MerryMart Grocery has the lowest rate of availability at 89.47%.

ERE-article-price-survey-merrymart-in-product-avilability

Price Survey #11

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We’ve seen the world grapple with inflation, and we’ve also felt it strongly as prices of basic and essential goods have increased at unprecedented levels.

With this, Euroasia aims to help consumers make easier yet smarter decisions with their purchases by conducting a Price Survey showing the cheapest supermarket retailer. The said Price survey will thus be guided by the following principles:

  • The Price Survey shall be conducted on a bi-monthly basis
  • An average of three retailers shall be surveyed each round
  • An average of 30 -70 items available across all retailers being surveyed shall be canvassed
  • Participants are ranked based on the total price of all comparable items (SKUs available across all retailers)

Retailers Surveyed

price-survey-puregold-retailers

Items Surveyed

61 items were surveyed, 56 of which are available across all retailers, which are as follows:

  1. Pancit Canton Kalamansi 80g
  2. Pancit Canton Chilimansi 80g
  3. Pancit Canton Sweet and Spicy 80g
  4. Lucky Me Beef 55g
  5. Lucky Me Chicken 55g
  6. Nescafe Original 26g/28g*10
  7. Grate Taste White 30g*10
  8. Nescafe Creamylatte 51g*5s
  9. Nescafe Creamy white 5s twin pack
  10. Bear Brand Powder33g*8
  11. Milo 300g
  12. Cowhead Milk 1L
  13. Absolute Water 500ml
  14. C2 Green Tea Lemon 500ml
  15. C2 Green Tea Apple 500ml
  16. Pocari Sweat 500ml
  17. Tang Pineapple 11g
  18. Yakult 80ml*5
  19. Eden Filled Cheese 160g
  20. Eden Sulit pack 45g
  21. Purefoods Tj Hotdog Original 1kg
  22. Magnolia Quickmelt Cheese 160g
  23. Mega Sardines in tomato sauce chilli 155g
  24. Mega Sardines in tomato 155g
  25. Century Tuna Flakes in Oil Hot and Spicy 180g
  26. Young’s Town Green 155g
  27. Mega Sardines Red Big 425g
  28. Argentina Cornebeef 175g
  29. 555 Tuna Mechado 155g
  30. 555 Tuna Aftritada 155g
  31. Purefoods Corned Beef ChiliGarrlic 150g
  32. Maling B2 Chicken Lencheon Meat
  33. Quaker Quick Cook 200GM
  34. CheezWhiz 200g SUP
  35. Star Margarine 100g
  36. Rebisco Hansel Biscuit Butter 30g*10s
  37. Rebisco Hansel Biscuit Choco 10s
  38. Maxx Honey Lemon *50
  39. Alaska Sweetened Condensada Milk 300ml White
  40. Maggi Magic Sarap 55g
  41. Knorr Cube Chicken 120g
  42. Knorr Cube Pork 120g
  43. Knor Cube Beef 60g
  44. Knorr Sinigang Sampaloc Original 22g
  45. Knorr Crab and Corn 60G
  46. Mama Sitas Oyster Sauce 405G
  47. Pineapple Tidbits 115g (pouch)
  48. Iodized Salt McCormick 500g
  49. Ladies Choice Mayonaise Doy 220ml
  50. Ladies Choice Peanut Butter Swt &Crmy 340g
  51. Creamsilk Pink Stand out 12ml*12
  52. Sunsilk 15ml*12
  53. Dari Creme Buttermilk Buttercup Salted 200g
  54. Dari Creme Classic Salted 200g
  55. Nestle All Purpose Cream 250ml
  56. Smirnoff Mule Vodka 330ml
  57. Liver Spread 85g
  58. Corned Tuna 180g Red
  59. Corned Tuna 180g Yellow
  60. UFC Banana Catsup 320g
  61. Fita Corned Tuna 180g Yellow

Result of the Survey

In terms of Pricing

The winner of this week’s price survey is Puregold. Out of the four retailers surveyed, with 61 SKUs in total, Puregold excelled in terms of pricing. It is followed by Retailer 2, which is 2.62% more expensive, Retailer 3 at 2.82%, and Retailer 4 at 12.96%.

price-survey-puregold-in-pricing

In terms of Promo

In terms of availability, Puregold and SM Supermarket had all the 61 SKUs surveyed. Followed by Allday Supermarket with only 1 missing item, and Metro Supermarket with 4 missing items.

price-survey-puregold-in-promo

Unyielding Commitment: Establishing Long Partnerships, Embracing Excellence, and Spearheading Innovation

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Euroasia Research Experts is dedicated to assisting retailers in achieving their goals. Our Chairman and CEO, Mr. Eric Poiret has inspired and has came up with our corporate philosophy which embodies an unwavering commitment to establishing long partnerships, striving for excellence, and fostering innovation.

WE COMMIT TO STAY.

We establish ourselves as trusted partners, working closely alongside our clients to drive progress and foster innovation. Going beyond traditional consulting, we cultivate progressive partnerships built on mutual trust and collaboration. With a strategic focus on end-to-end engagements, we provide recommendations grounded in comprehensive feasibility studies and extensive market surveys. What truly distinguishes us is our commitment to executing these strategies side by side with our clients. We take prompt corrective action, ensuring firsthand experience of the benefits, rather than relying solely on presentations. With a steadfast dedication to the success of our stakeholders, we offer a collaborative, results-driven approach that embraces challenges and seizes opportunities for sustainable growth.

WE COMMIT TO EXCELLENCE.

We uphold the highest standards, pursuing excellence in all we do. With profound expertise, we provide industry-leading benchmarks, cutting-edge solutions, and customized excellence for our stakeholders. Collaborating closely with clients, we shape strategies that drive growth, empower informed decision-making, and ensure a competitive edge. Our thoughtful, phased approach brings international retailer practices to smaller organizations, supported by time, training, and coaching. Our commitment to excellence empowers clients, ensuring long-term sustainability and reaching new heights of success.

WE COMMIT TO INNOVATE.

We are committed to innovation, constantly evolving alongside the market as one of our core strengths. Through continuous engagement in market research, we remain up-to-date on the latest international and regional trends, consistently staying at the forefront. This deep understanding enables us to suggest pioneering ideas and serve as trailblazers for our clients, actively anticipating the next market moves. By proactively creating favorable conditions, we empower our clients to achieve success.

Price Survey #10

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We’ve seen the world grapple with inflation, and we’ve also felt it strongly as prices of basic and essential goods have increased at unprecedented levels.

With this, Euroasia aims to help consumers make easier yet smarter decisions with their purchases by conducting a Price Survey showing the cheapest supermarket retailer. The said Price survey will thus be guided by the following principles:

  • The Price Survey shall be conducted on a monthly basis
  • An average of 30 -70 items available across all retailers being surveyed shall be canvassed.
  • Prices taken into account in deciding the winner for this round of the Price Survey are only the regular prices stated in the price tags. Nevertheless, a comparison using promo prices are also included in the results.

Retailers Surveyed

price-survey-retailers
map-retailer-surveyed

Items Surveyed

A total of 61 basic items were surveyed, which are as follows:

  1. Heineken Dutch Pale Lager beer can 330ml*6
  2. Heineken Silver beer can 330ml*6
  3. Dove Bar Sp. Cool moist 6/3 75OZ
  4. Safeguard body wash pure white 1L
  5. ives body wash oatmeal and shea butter 22OZ
  6. Bactidol Oral Antiseptic Gargle 500ml
  7. Johny Walker Double Black Whisky 1L
  8. Jack Daniels honey whisky 700ml
  9. Jack Daniels tennessee fire 700ml
  10. Jack Daniels apple whisky 700ml
  11. San Miguel Light beer can 24/330ml
  12. Absolut Vodka Lime 700ml
  13. Anchor Butter Salted 227G
  14. Emborg Butter Salted 200G
  15. Smirnoff Mule 12x330ml
  16. Yakult Probiotic Drink 80ml
  17. Purefoods Tender Juicy Regular 1KG
  18. YanYan Chocolate Pretzels 10/50G
  19. My San Graham Crackers 1/700G
  20. Lays sour cream & onio potato chips 6.5Z
  21. Cheeetos Cheddar Jalapeno
  22. Piknik Shoestring Potatoes 50% less salt 9z
  23. Piknik Shoestring Ketchup FriesReal Potato 9z
  24. Tobleron Milk Chocolate 360G
  25. Hershey’s Special Dark Chocolate Giant bar 7.56OZ
  26. M&M Peanut Choc’Pantry Size 62Oz Jar
  27. Snickers Minis Pouch 500 g
  28. M&M Milc Choc Pantry Size 620z Jar
  29. Nescafe Creamy White Coffee 30/25G
  30. Nescafe 3in1 Originat 30Ct
  31. Skippy Creamy Peanut Butter 480Z
  32. Skippy Chuncky Peanut Butter 480Z
  33. Kraft Eden Cheese 430G
  34. Magnolia Quickmelt 900G
  35. Arla Classic Classic Cheessy Spread 500g
  36. Cheeze Whiz Original 440g
  37. Cheeze Whiz Pimiento 440g
  38. Spam Luncheon Meat Reg 12z
  39. Libbys Vienna Sausage 18×4. 60z
  40. Mega Sardines in Tomato Sause 10x155g
  41. Mega Sardines in Tomato Sauce w/chili 10x155g
  42. Tabasco Red Pepper Sause 350ml
  43. Lorins Patis 1L
  44. Suka Pinakurat Tres Ekis 750ml
  45. Mang Tomas All Around Sarsa 550g
  46. Nestle Cream All Purpose Cream 250ml
  47. Alaska Swetened Cndnsd Flld Milk 300ml
  48. Alaska Evaporated Filled Milk 370ml
  49. Cowhead Pure Milk 1L
  50. Knorr Chicken Powder 1kg
  51. Calumet Baking Powder 1kg
  52. Delimondo Chili & Garlic Corned Beef 380g
  53. Del Monte Mango Juice 1L
  54. Del Monte Four Season Juice 1L
  55. Del Monte Fiber Enriched 6*240ml
  56. Canada Dry Ginger Ale in can 12x12Z
  57. Sprite 1.5 L
  58. Coca-cola Regular 1.5L
  59. Coca cola Regular cans 24*320ml
  60. Baygon Multi-Insct Killr Odorless 500ml
  61. Zonrox Bleach Color Safe 3600ml

Result of the Survey

In terms of Pricing

The winner of this week’s price survey is S&R. Out of the two membership shopping stores surveyed, which consisted of 61 SKUs, the price survey revealed that Landers is 3.66% more expensive. Nevertheless, it’s worth noting that the two top membership shopping stores in the Philippines maintain very competitive price points as there is a small gap between the total price of all the items surveyed.

s&r-in-terms-of-pricing

In terms of Promo

After the promo prices were applied, the result shows that Landers is still more expensive than S&R at 3.29%. However, it is worth noting that S&R has 7 promo items whereas Landers only has 4. With a promo-driven and price sensitive strategy, S&R emerged as the clear winner on this round of price survey.

s&r-in-terms-of-promo

Puregold acquires 14 DiviMart supermarkets

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MANILA, Philippines – Lucio Co’s Puregold Price Club is expanding its foothold in the Greater Manila Area through the acquisition of 14 stores of DiviMart supermarkets.

The deal will instantly convert all acquired DiviMart locations to Puregold under a sublease transaction.

These 14 stores are located in:

  • Angat, Bulacan
  • Pandi, Bulacan
  • Morong, Bataan
  • Cabanatuan City, Nueva Ecija
  • Olongapo City
  • San Isidro, Taytay, Rizal
  • San Miguel, Pasig City
  • General Trias, Cavite
  • Bacoor, Cavite
  • Cabuyao, Laguna
  • Tayuman, Manila
  • Aliaga, Nueva Ecija
  • Taytay, Rizal
  • Pulilan, Bulacan

An additional 18 DiviMart locations will be evaluated for possible conversion to Puregold stores, according to Puregold’s stock exchange filing.

DiviMart is a Filipino supermarket chain founded in 1989 by Harry Uy and Vivian Ong Juanitas. It has over 30 branches nationwide and is known for its affordable goods.

Puregold told regulators that the acquisition is below 10% of the company’s book value.

“The parties are still finalizing the definite consideration for the contemplated transaction because the evaluation of store locations, improvements, furniture, fixtures, equipment, and merchandise inventory is still ongoing,” Puregold said.

As of end-March, Puregold had a total of 531 stores nationwide – 456 Puregold stores, 23 S&R Membership Shopping Warehouses, and 52 S&R New York Style QSRs.

Puregold’s consolidated net income went up 12% to P2.4 billion in the first three months of 2023.

Net sales for the first quarter rose by 15% P44.4 billion. Puregold Stores contributed P30 billion while S&R Warehouses contributed Php 14.4 billion. – Rappler.com

Original Article: https://www.rappler.com/business/puregold-acquires-divimart-supermarkets/

Price Survey #9

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We’ve seen the world grapple with inflation, and we’ve also felt it strongly as prices of basic and essential goods have increased at unprecedented levels.

With this, Euroasia aims to help consumers make easier yet smarter decisions with their purchases by conducting a Price Survey showing the cheapest supermarket retailer. The said Price survey will thus be guided by the following principles:

  • The Price Survey shall be conducted on a monthly basis
  • An average of three retailers shall be surveyed each round
  • An average of 40 -70 items available across all retailers being surveyed shall be canvassed
  • Participants are ranked based on the total price of all comparable items (SKUs available across all retailers)

Retailers Surveyed

price-survey-supermarket-retailers

Items Surveyed

A total of 71 SKUs were surveyed.  62 of which are available across all retailers. The said 71 SKUs are as follows:

  1. Pancit Canton Kalamansi 80g
  2. Pancit Canton Chilimansi 80g
  3. Pancit Canton Sweet and Spicy 80g
  4. Lucky Me Beef 55g
  5. Lucky Me Chicken 55g
  6. Nescafe Original 26g/28g*10
  7. Great Taste White 30g*10
  8. Bear Brand Powder33g*8
  9. Milo 300g
  10. Mang Tomas Regular 325g 12oz
  11. Ufc Banana Catsup 320g
  12. Absolute Water 500ml
  13. C2 Green Tea Lemon 500ml
  14. C2 Green Tea Apple 500ml
  15. Yakult 80ml*5
  16. Mega Sardines in tomato sauce chilli 155g
  17. Mega Sardines in tomato 155g
  18. Century Tuna Flakes in Oil Hot and Spicy 180g
  19. Young’s Town Green 155g
  20. 555 Tuna Mechado 155g
  21. 555 Tuna Aftritada 155g
  22. 555 Tuna Caldereta 155g
  23. Purefoods Corned Beef 150g
  24. Purefoods Corned Beef ChiliGarrlic 150g
  25. Maling B2 Chicken Lencheon Meat
  26. Fita 30g*10
  27. Rebisco Bravo Biscuits 30g*10
  28. Jack and Jill Nova Sweet Chili 40g
  29. Chippy Red 27g
  30. Piattos Sour Cheese 40g
  31. Maxx Honey Lemon *50
  32. Angel Condensada 380g
  33. Alaska Classic Evaporated Filled Milk 370
  34. Alaska Evaporada 370ml
  35. Nestle All Purpose Cream 250ml
  36. Maggi Magic Sarap 55g
  37. Knorr Cube Chicken 120g
  38. Knorr Cube Pork 120g
  39. Knor Cube Beef 60g
  40. Knorr Sinigang Sampaloc Original 22g
  41. Knorr Crab and Corn 60G
  42. Knorr Liquid Seasoning Original 250ml
  43. Iodized Salt McCormick 1kl
  44. Aji-no-moto 250g
  45. Purefood Hotdog Regular 1kg
  46. Ladies Choice Mayonaise Doy 220ml
  47. Smart Diswahing paste lemon 400g
  48. Smart Diswahing paste kalamansi 400g
  49. Safeguard Bar pure white 175g
  50. Joy Lemon 540ml
  51. Joy Kalamansi 540ml
  52. Creamsilk Pink Stand out 12ml*12
  53. Head&Shoulder Menthol 12ml*12
  54. Sunsilk 15ml*12
  55. Downy fabcon sunrise fresh 38ml*6
  56. Coca-cola Regular 2L
  57. Buttercup Salted 200g
  58. Champion Bar with Fabric Condi 370gm
  59. Bear Brand Ster 200ml
  60. Nestle All Purpose Cream 250ml
  61. Selecta Lowfat Milk 1L
  62. Smirnoff Mule Vodka
  63. Dm Pine Juice with Ace 220ml
  64. Del Monte Original Style Tomato Sauce 250g
  65. Del Monte Original Tomato Sauce 200g
  66. San Marino Corned Tuna 150g
  67. Libbys Vienna Sausage 4.60Z
  68. Purefoods Corned Beef 210g
  69. Purefoods Corned Beef H and S 150g
  70. Purefoods Corned Beef 150g
  71. Crispy Fry Original 62g

Result of the Survey

In terms of Pricing

The winner of this week’s price survey is SM Supermarket. Out of the 3 retailers surveyed and with 62 number of SKUs, SM Supermarket excelled in price. It is followed by Retailer 2 which is 4.68% more expensive and retailer 3 at 12.87%.

sm-in-terms-of-pricing

In terms of availability

In terms of availability, AllDay had all the 71 SKUs surveyed. Followed by SM Supermarket with only 1 missing item, and The Marketplace with 4 missing items.

sm-in-terms-of-availabilty