An old Kwik Save receipt from 1995 - look at those prices!

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Supermarket receipt from 1995 shows how much prices have risen for a weekly shop
Allowing for inflation, the bag of everyday essentials cost a whopping 2.46 times more in today's prices compared with 28 years ago.




NEWS
By
Jess Molyneux
Steven Rae
  • 18:44, 18 FEB 2023
Kwik Save supermarkets were a mainstay of the UK for 50 years.

Kwik Save supermarkets were a mainstay of the UK for 50 years.

An old shopping receipt shared on social media has highlighted the huge increase in prices over the past two decades, as the UK deals with a cost of living crisis. The receipt, from discount supermarket Kwik Save, dates back to 1995, and shows how much the average price of daily essentials have risen.
The 38 items of shopping came to £24.79, with items including Flora, Penguin biscuits, a box of Tetley tea and toothpaste. Chris Eyres discovered the receipt in a box which belonged to his late mother, reports the Liverpool Echo.

Using an inflation calculator, £24.79 in 1995 is worth £60.97 in today's climate in the UK - an increase of £36.18 over 28 years. The pound had an average inflation rate of 3.27 per cent each year between 1995 and today, meaning a price increase of 145.96 per cent, according to in2013dollars.com.
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This means that today's prices are around 2.46 times as high as average prices since 1995 in real terms, according to the Office for National Statistics. Items in the shopping list from 1995 included 250g of Flora priced at 48p. Different variations of Flora are now priced at between £1 and £1.50 on a range of popular supermarkets websites.
A multipack of Penguin biscuits was priced at 66p. In 2023, a six pack of these costs around £1. A jar of Mellow Birds coffee came in at £1.45. These are priced at £2.50 in Iceland for a 100g jar, or £5.40 for a 200g jar in Tesco currently. A jar of Heinz Baked Beans came in at 23p. Today, a 200g jar is priced at £1 in Tesco and in Sainsbury's and £1.40 for a 415g jar.

The receipt Chris Eyers found in his late mother's belongings.

The receipt Chris Eyers found in his late mother's belongings.
Chris said: "My first reaction was how many items were on the list for a relatively small amount of money. I remember my mum use to go every Thursday when I was a kid and I'd be waiting eagerly what she'd brought me back as a treat.

"I'd run to the car boot to see what was in all the bags. Really friendly people worked there and everyone was polite. Need a payday loan these days to buy 30 odd items."
 

COINTELPRO

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Food inflation is good for a single person buying food. I don't know about a family. Paying these fast food workers more money has a side benefit of raising prices reducing my caloric intake.

I had some issues with chronic pain which is deadly, it makes you sedentary. I need an active lifestyle to keep my weight in check, I can't control it through food intake. The most dangerous jobs are working in an office...
 

lightbright

Master Pussy Poster
BGOL Investor
I was around in the 90's and shit was not that cheap. Maybe that was from some type of sale.

Edit: It says UK so that has to be pounds. Pounds were not as much as dollars back then.
I knew it was foreign with the way that the date was written....day, then month, then year and that 90% of that shit was unrecognizable items... OP's a ffucking tardo... don't even know what he's posting... :smh:

Thats hella much for $30. 38 items. Nothing was over a dollar, in 1995?
Doofus was posting shit from across the pond, another country


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FARTING
 

COINTELPRO

Transnational Member
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If you are pushing 600lbs and food inflation hits hard, they are doing you a favor.

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Food inflation is a problem with low BMI countries like in Africa or having a large family. In many of those countries food costs is like 50% of their income.

I have seen people try to assassinate somebody with food.
 

Helico-pterFunk

Rising Star
BGOL Legend
Kwik Save is a British convenience store chain. Prior to 2007, it was also a discount supermarket chain that had shops across the United Kingdom. It went into administration in July 2007, but was brought back in April 2012. Its shops were small to medium-sized high street supermarkets, mainly located in areas with below average incomes.

It struggled to make profits during the 2000s, as superstore operators such as Asda, Tesco and Sainsbury's introduced their own budget brands, and foreign competitors such as Lidl, Aldi and Netto (who all arrived in the United Kingdom during the first half of the 1990s) expanded.[1]

The company was listed on the London Stock Exchange, and was once a constituent of the FTSE 100 Index. It went into administration on 6 July 2007, and closed most of its shops across the United Kingdom, with the remaining 56 being sold to a new company, FreshXpress, which itself went into administration in March 2008.[2]

It was then resurrected in a smaller form with nine shops, but this second incarnation of FreshXpress went into administration, and ceased trading in April 2009. All remaining shops have since been closed.[3] The brand was relaunched as a budget fascia for convenience shops supplied by Costcutter in April 2012.[4][5]


It was founded as Value Foods by Welsh entrepreneur Albert Gubay on 11 May 1959 and based in Prestatyn. The company rented its first retail shop in Queen Street, Rhyl, in July 1959.[6][7] Further traditional shops were opened in Chester and Wrexham.[6] In 1964, Gubay visited the United States with fellow director Ken Nicholson, and learnt about the "baby shark" method of retailing.[6]

Combined with ideas gained from West German retailer Aldi,[6] the business model was based on buying a limited range of lines on favourable (net 60 or 90 days) payment terms, distributing and selling them at or below cost before the payment fell due, and using the interest on the resulting cash flow to fund the business.

The first Kwik Save Discount branded shop opened in Colwyn Bay, produced more sales than the existing supermarkets of Value Foods, and by 1967, Kwik Save Discount had thirteen shops.[6]

Just before it was floated on to the London Stock Exchange in November 1970, the company changed its name to Kwik Save Discount Group Ltd.[6] In 1973, Gubay sold Kwik Save for $28 million.[8] Gubay repeated the low price retail model using the 3 Guys brand in New Zealand, Ireland and the United States.[8]
 
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