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89p Shops Springing Up Competing With Pricey 99p And £1 Shops!

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Radio 4 spoke to some people in the street in Poole, Dorset, they confirmed even 1p makes a difference to their footfall.

Now there's more and more 89p shops across the country, the one in Poole has ambitions to become a chain. Food up, fuel up, some other items down - biflation? Or just a blip?

http://www.google.com/search?q=89p+store&a...amp;rlz=1I7GWYD

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In the Elephant & Castle shopping centre, once the Clarks Shoes had shut-up shop it was no great surprise when a 99p shop took its place. I was further bemused when a 98p shop opened-up; i'd never even heard of a 98p shop. But, 89p?? Jeez, that takes the biscuit.

Speaking of confection, I was holding a careers stall last week there and I indicated to a sign in the 98p shop to my work experience helper; it said 'can of fizzy drink and bar of chocolate for 98p'. I said to him "that's all right isn't it?". Without missing a beat and dead-pan as you like; "nah, the drink's warm and the chocolate's all melted".

"Oh, right".

Talk about pishing on someone's chips.

Edit: Errant apostrophe

Edited by hyperinflation-a-go-go

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Radio 4 spoke to some people in the street in Poole, Dorset, they confirmed even 1p makes a difference to their footfall.

Now there's more and more 89p shops across the country, the one in Poole has ambitions to become a chain. Food up, fuel up, some other items down - biflation? Or just a blip?

http://www.google.com/search?q=89p+store&a...amp;rlz=1I7GWYD

When the 69p store eventually opens will the staff wear the badge?

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so the 89p shop will be 90.9348p shop when VAT returns to 17.5% in January?

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My index of inflation/deflation/consumer confidence is the price of Sainsbury's Economy Curry Sauce. It started at 4p a jar when the DOW was plummeting, then rocketed to 26p with all the talk of green shoots. It is now back down to 4p again so I guess we are fecked.

Incidentally, it isn't actually as terrible as the price suggests. You can spend the difference on vegetables to chuck in it to make a half decent curry.

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In the Elephant & Castle shopping centre, once the Clarks Shoes had shut-up shop it was no great surprise when a 99p shop took its place. I was further bemused when a 98p shop opened-up; i'd never even heard of a 98p shop. But, 89p?? Jeez, that takes the biscuit.

Speaking of confection, I was holding a careers stall last week there and I indicated to a sign in the 98p shop to my work experience helper; it said 'can of fizzy drink and bar of chocolate for 98p'. I said to him "that's all right isn't it?". Without missing a beat and dead-pan as you like; "nah, the drink's warm and the chocolate's all melted".

"Oh, right".

Talk about pishing on someone's chips.

Edit: Errant apostrophe

The 98p shop sells cans of coke in 3 packs, whereas poundland sells them in 4 packs; so poundland is cheaper in this particular case.

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My index of inflation/deflation/consumer confidence is the price of Sainsbury's Economy Curry Sauce. It started at 4p a jar when the DOW was plummeting, then rocketed to 26p with all the talk of green shoots. It is now back down to 4p again so I guess we are fecked.

Incidentally, it isn't actually as terrible as the price suggests. You can spend the difference on vegetables to chuck in it to make a half decent curry.

you sure about those prices? 14p to 26p maybe, but not 4p to 26p

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The most interesting example of price wars like I've seen was in Malaysia. I walked past a number of shops labeled "50% discount store", "70% discount store" and finally you've guessed it - "100% discount store".

Sadly consumer law isn't as robust as it is over here so I wasn't able to walk away with stuff for free.

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My index of inflation/deflation/consumer confidence is the price of Sainsbury's Economy Curry Sauce. It started at 4p a jar when the DOW was plummeting, then rocketed to 26p with all the talk of green shoots. It is now back down to 4p again so I guess we are fecked.

Don't look into that too much, they were likely just checking if people were too uncomfortable to spend such a small amount (4p) on an item incase they thought it may not be good quality. Hence raising the price, realising that 4p was better and putting it back.

10p would probably be best from a psychological perspective.

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Pound shops can be expensive ! I was gutted last winter when I bought a hot water bottle for £1 then went round the corner to Home and Bargain and they were 99p :(

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Guest X-QUORK
Pound shops can be expensive ! I was gutted last winter when I bought a hot water bottle for £1 then went round the corner to Home and Bargain and they were 99p :(

I can see how that could tip a person into severe depression.

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Things to say in £1 shops.

----

I wish to complain to the manager - there are no price tickets anywhere!

Please, can you tell me how much this is, and this, and what about this? Can you go and scan this item to make sure?

£1. I don't carry enough cash, do you take card?

This item is cheaper in the 99p store, can I have a refund?

Do you offer extended warranty on these? What about insurance in case it's lost or damaged?

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I can see how that could tip a person into severe depression.

Yep, dealing with penny pinching customers is indeed a hard life.

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£1. I don't carry enough cash, do you take card?

Shamefully I have done this. No cash... well 2 quid and we'd spent 7. She offered to let me go and pick 3 more things to make the minimum spend of £10 to pay by card but I could only see the staring queue wanting to kill me for not having cash.

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