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FACT-CHECK: Some Goods Are Cheaper In Local Markets Than In Shoprite – SEE LIST - Nairaland / General - Nairaland

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FACT-CHECK: Some Goods Are Cheaper In Local Markets Than In Shoprite – SEE LIST by OwoLee(m): 3:21pm On Jul 28, 2016
Shoprite, a popular South-African-owned retail chain, lays claim to offering variety of food products, household goods, and small appliances at “lowest possible prices.”
On its website, fliers and other advertising products, the store likes to underline low, lower or lowest prices as its unique selling point.
But, is this always true? Not exactly.
PREMIUM TIMES’ checks in some local markets in Abuja showed that some goods are actually cheaper in those markets than in Shoprite.
The store, which is hugely popular in South Africa, opened its first Nigerian outlet in Lagos, the country’s commercial capital, in December 2005 and has gone on to open additional 17 stores in Abuja, Nigeria’s capital, and seven other states.
The business, owned by Christoffel Wiese, a South African billionaire, has taken over the Nigerian retail market, making a killing off the country’s populace, who flock to its outlets to purchase both food and household items, often ignoring local markets closest to them.
A lot of Nigerians believe Shoprite prices are the lowest when it comes to groceries and household goods.
PREMIUM TIMES’ Business Review wanted to check whether this is true. So, on Wednesday, July 13 and on Friday, July 15, 2016, we hit the road, visiting the Shoprite outlet in the Central Business District (close to Sheraton Hotels), Nyanya main market, about 20 minutes from the city centre, and Wuse market in the centre of the city.We randomly chose 30 goods and compared prices in Shoprite and in the two Abuja markets. The differences are clear – Shoprite prices are higher than those of retailers in the two other markets we visited.
We also observe a trick by Shoprite. Its prices are never in whole numbers, always one kobo less. For instance Titus Sardine goes for N199.99, leaving a change of one kobo for the buyer. That one kobo is useless, as it cannot be used for any other purchase. Due to inflation and the dwindling value of the naira, coins have lost their relevance in the Nigerian marketplace.

See table for comparison of prices:

Item
Shoprite
Wuse Market
Nyanya Market


2kg Custard Powder
N884.99
N700
N700

Titus Sardine
N199.99
N170
N150

A crate of eggs
N1149.99
N850
N800

Smallest Hollandia Evap
N159.99
N70
N60

500ml Plastic Fayrouz
N154.99
N150
N150

1kg green beans
N719.99
N600
N400

350g Nasco cornflakes
N519.99
N500
N500

285g Heinz salad cream
N549.99
N450
N450

300g Ketchup
N429.99
N350
N350

415g Baked beans
N299.99
N270
N250

Head of Lettuce
N179.99
N160
N150

1kg Ponmo
N1185
N850
N750

1kg Avocado pear
N759.99
N730
N700

210g Gino tin tomatoes
N239.99
N200
N160

340g Corned beef
N1339.99
N1200
N950

3 litres Vegetable oil
N1764.99
N1600
N1550

750ml Vegetable oil
N639.99
N600
N600

1 litre Unsweetened Yoghurt drink
N929.99
N900
N800

Sandwich toaster
N3499.99
N3400
N3000

400ml Five alive pulpy
N149.99
N140
N120

250ml Chi Happy hour
N54.99
N50
N50

330ml Amstel malta
N109
N100
N100

500g Dangote Sugar
N179.99
N160
N150

Redbull
N324.99
N300
N300

300ml Lucozade
N209.99
N200
N180

Frozen chicken
N1443.99
N1200
N1200

250g Moi Margarine
N354.99
N350
N300

450g Blueband margarine
N359.99
N330
N300
21g Beloxxi crackers biscuit
N14.99
N10
N10

1 litre Five Alive
N279.99
N250
N200
Re: FACT-CHECK: Some Goods Are Cheaper In Local Markets Than In Shoprite – SEE LIST by saintikechi(m): 3:33pm On Jul 28, 2016
Some people prefer oyinbo supermarket nah.... Me i prefer local markets, cos the individuals selling there needs our patronage and they are real nigerians.
Re: FACT-CHECK: Some Goods Are Cheaper In Local Markets Than In Shoprite – SEE LIST by oglalasioux(m): 3:40pm On Jul 28, 2016
When you add these to the nyanya and wuse market prices I think it'll come to par.

1. Parking space.

2. Air-conditioning.

3. Photo background.

4. Swag.

5. Shoprite bag (proof to your neighbours that you actually shop there).

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