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Penny pinchers
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By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
With Poundland given the green light to buy out 99p Stores, prices are going to go up more than current inflation.
Lots of items in the pound shops are cheaper elsewhere (e.g. Tunnocks Teacakes are 81p in Waitrose) so is it the ease of easy addition or a case of the bargain items leading us to just pick up the more expensive things?
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Don't have a poundland here, when Wilkinson's have their offers on they work out cheaper. When I do go into one I look round and pick up something that I think is a bargain, we don't have many shops here but when I've looked in places like b&m bargains they are usually cheaper.
To be honest the only thing I tend to buy are things like sets of Tupperware type boxes.
I couldn't survive without wilkos  |
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"Couldn't believe it when my daughter said she didn't have Home N Bargain down south.
How does one live ?"
I'd never even heard of one but where my son lives in the shopping centre there is a b&m, wilkos and poundshop next to each other and my other favourite shop dunhelm
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By (user no longer on site)
over a year ago
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I have a client who supplies these stores (won't say which product!)...they sell a unit for 50p and these stores sell for £1.......doubling their money  ..A ll big margins |
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"I can do a day in stores like B and M.
Have you tried the huge one not far from you? Go in stripped though as it gets awful hot in there."
Mmmmmmm no.. where is it? My local isn't huge.
Do you mean Edge Lane ? |
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By *ugby 123Couple
over a year ago
Forum Mod O o O oo |
I think people are getting sucked in, some of the things are a smaller size so you are probably not getting your moneys worth anyway. They also had two packs of painkillers for a quid....which were 26p each in a supermarket. |
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By *ugby 123Couple
over a year ago
Forum Mod O o O oo |
"I can do a day in stores like B and M.
Have you tried the huge one not far from you? Go in stripped though as it gets awful hot in there.
Mmmmmmm no.. where is it? My local isn't huge.
Do you mean Edge Lane ?"
Aintree  |
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"I have a client who supplies these stores (won't say which product!)...they sell a unit for 50p and these stores sell for £1.......doubling their money ..A ll big margins"
No. They have to pay wages , bills, breakages.
There mark up isn't as big as that sounds. |
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"I can do a day in stores like B and M.
Have you tried the huge one not far from you? Go in stripped though as it gets awful hot in there.
Mmmmmmm no.. where is it? My local isn't huge.
Do you mean Edge Lane ?
Aintree "
Yep. I go there now and then. Love picking up spices and bits n bobs in food for next to nothing. |
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By (user no longer on site)
over a year ago
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"I have a client who supplies these stores (won't say which product!)...they sell a unit for 50p and these stores sell for £1.......doubling their money ..A ll big margins
No. They have to pay wages , bills, breakages.
Check their accounts at Companies House....they are huge
There mark up isn't as big as that sounds."
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By (user no longer on site)
over a year ago
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"I have a client who supplies these stores (won't say which product!)...they sell a unit for 50p and these stores sell for £1.......doubling their money ..A ll big margins
No. They have to pay wages , bills, breakages.
There mark up isn't as big as that sounds."
Check their accounts out at Companies House...their profits are huge...
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"I have a client who supplies these stores (won't say which product!)...they sell a unit for 50p and these stores sell for £1.......doubling their money ..A ll big margins
No. They have to pay wages , bills, breakages.
Check their accounts at Companies House....they are huge
There mark up isn't as big as that sounds. "
Roll your tongue in. You said they buy for 50 and sell for 100 but that 100 isnt profit |
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By (user no longer on site)
over a year ago
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I can count the times I've been in a pound shop on one hand. I only go in when I want craft stuff for children. Last time I went I bought batteries because I didn't want to walk to Wilkinsons. I go to Wilkinsons occasionally for craft stuff now Woolworths has closed. I don't know prices of individual items so I wouldn't know if something was cheaper in Asda than a pound store. |
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"I have a client who supplies these stores (won't say which product!)...they sell a unit for 50p and these stores sell for £1.......doubling their money ..A ll big margins
No. They have to pay wages , bills, breakages.
There mark up isn't as big as that sounds.
Check their accounts out at Companies House...their profits are huge...
"
Anyway you check out their profits and post it here for me. I'm busy doing nothing. In fact im gonna have a coffee while I do it. |
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I spend half my life in wilko, they have half an aisle that's half price items this changes every three weeks, at the moment its all the soap powders half price, I can't ever remember the last time I bought any products full price, well I haven't in the four years wilko has been here |
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By *ee VianteWoman
over a year ago
Somewhere in North Norfolk |
"I won't buy cosmetics in pound land as often it is out of date end of stock "
Dry, powder products don't go out of date until they are opened and used. Even then they usually last for years.
Mascara can dry up but otherwise it's safe while it's unused. It's getting bacteria in it from applying it which makes it become unsafe.
Lipstick can go off but usually it just smells bad. It's not unsafe.
The 'use by' dates on cosmetics don't mean a lot. |
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"I won't buy cosmetics in pound land as often it is out of date end of stock
Dry, powder products don't go out of date until they are opened and used. Even then they usually last for years.
Mascara can dry up but otherwise it's safe while it's unused. It's getting bacteria in it from applying it which makes it become unsafe.
Lipstick can go off but usually it just smells bad. It's not unsafe.
The 'use by' dates on cosmetics don't mean a lot."
I don't use out of date make up just my preference |
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By *ee VianteWoman
over a year ago
Somewhere in North Norfolk |
"I won't buy cosmetics in pound land as often it is out of date end of stock
Dry, powder products don't go out of date until they are opened and used. Even then they usually last for years.
Mascara can dry up but otherwise it's safe while it's unused. It's getting bacteria in it from applying it which makes it become unsafe.
Lipstick can go off but usually it just smells bad. It's not unsafe.
The 'use by' dates on cosmetics don't mean a lot.
I don't use out of date make up just my preference "
Fair enough but it's a con to get you to replace stuff you don't need to.
It's like the use by date on canned food. Very arbitrary. |
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"I won't buy cosmetics in pound land as often it is out of date end of stock
Dry, powder products don't go out of date until they are opened and used. Even then they usually last for years.
Mascara can dry up but otherwise it's safe while it's unused. It's getting bacteria in it from applying it which makes it become unsafe.
Lipstick can go off but usually it just smells bad. It's not unsafe.
The 'use by' dates on cosmetics don't mean a lot.
I don't use out of date make up just my preference
Fair enough but it's a con to get you to replace stuff you don't need to.
It's like the use by date on canned food. Very arbitrary."
Well considering I wear make up everyday I replace it when empty which is usually every 3 months and pound land do not stock the products I use anyway |
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By *ee VianteWoman
over a year ago
Somewhere in North Norfolk |
"I won't buy cosmetics in pound land as often it is out of date end of stock
Dry, powder products don't go out of date until they are opened and used. Even then they usually last for years.
Mascara can dry up but otherwise it's safe while it's unused. It's getting bacteria in it from applying it which makes it become unsafe.
Lipstick can go off but usually it just smells bad. It's not unsafe.
The 'use by' dates on cosmetics don't mean a lot.
I don't use out of date make up just my preference
Fair enough but it's a con to get you to replace stuff you don't need to.
It's like the use by date on canned food. Very arbitrary.
Well considering I wear make up everyday I replace it when empty which is usually every 3 months and pound land do not stock the products I use anyway "
The Poundlands here hardly stock any at all. Some Rimmel, a few nail varnishes and some cheap generic sparkly brands.
I've bought a few nail varnishes in the past but I'm not a fan of Rimmel or cheap sparkly stuff. |
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By *ee VianteWoman
over a year ago
Somewhere in North Norfolk |
To get to Poundland, Poundworld or the 99p shop means going into the city and either paying for expensive parking or the expensive park and ride.
I don't go into the city if I can avoid it. When I do go, I tend to go where I need to and go home. I don't tend to browse much. |
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By (user no longer on site)
over a year ago
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"I have a client who supplies these stores (won't say which product!)...they sell a unit for 50p and these stores sell for £1.......doubling their money ..A ll big margins
No. They have to pay wages , bills, breakages.
There mark up isn't as big as that sounds."
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By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
"Couldn't believe it when my daughter said she didn't have Home N Bargain down south.
How does one live ?"
We've only recently got Wilko's springing up everywhere. Home and Bargain hasn't made it's way through yet. Retail space is more expensive here so the margins would have to make it worth it.
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By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
"I think people are getting sucked in, some of the things are a smaller size so you are probably not getting your moneys worth anyway. They also had two packs of painkillers for a quid....which were 26p each in a supermarket."
That's my thinking.
The smaller sizing is sneaky as the packaging looks the same but contain smaller quantities, specifically made for these shops.
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By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
"I have a client who supplies these stores (won't say which product!)...they sell a unit for 50p and these stores sell for £1.......doubling their money ..A ll big margins
No. They have to pay wages , bills, breakages.
There mark up isn't as big as that sounds.
Check their accounts out at Companies House...their profits are huge...
"
How much of the profit is then used to acquire new sites, keep cashflow going in a busy that relies on turnover etc.?
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"I love B&M bargains their home stuff is decent to be honest
Another one I have never heard of in London.
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Shame really but like you say rental space in London is expensive Though I noticed there was a pound land in Brixton but then there is 2 within metres of each other in Birmingham |
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"I spend half my life in wilko, they have half an aisle that's half price items this changes every three weeks, at the moment its all the soap powders half price, I can't ever remember the last time I bought any products full price, well I haven't in the four years wilko has been here "
I go to Wilkos. Once a month and buy my toiletries and cleaning products
Always what's on half price or on offer
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By *ee VianteWoman
over a year ago
Somewhere in North Norfolk |
"I love B&M bargains their home stuff is decent to be honest
Another one I have never heard of in London.
Shame really but like you say rental space in London is expensive Though I noticed there was a pound land in Brixton but then there is 2 within metres of each other in Birmingham "
There are two directly opposite each other, across a street, in Norwich city centre. And they tend to have different stock.  |
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By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
"I love B&M bargains their home stuff is decent to be honest
Another one I have never heard of in London.
Shame really but like you say rental space in London is expensive Though I noticed there was a pound land in Brixton but then there is 2 within metres of each other in Birmingham "
We have lots of Poundlands, Poundstretchers and some 99p Stores. There are lots of other tut shops too. The brand needs to have the capital to open in several areas at once in London to make any sort of impact.
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By *ee VianteWoman
over a year ago
Somewhere in North Norfolk |
We got a B&M here relatively recently and now have 2.
I'm not sure if we have a Wilko. Not that I can think of right now. We don't have a Home Bargains.
We also don't have a Costco and that's what I miss most. |
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"When VAT was reduced, Poundland didn't reduce their prices, they merely pocketed the extra profit. They're not in it for our savings etc, merely their profit."
Did they increase prices when vat increased ? |
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By (user no longer on site)
over a year ago
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"I love B&M bargains their home stuff is decent to be honest
Another one I have never heard of in London.
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Me neither, are they a northern thing? Never heard of them down here |
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By (user no longer on site)
over a year ago
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"When VAT was reduced, Poundland didn't reduce their prices, they merely pocketed the extra profit. They're not in it for our savings etc, merely their profit.
Did they increase prices when vat increased ?"
How can you increase prices in a pound shop? Can't exactly call it the £1.20 shop can you?  |
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By (user no longer on site)
over a year ago
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Home bargains is at lakeside Thurrock. It does really well.
Make up I did ask on the Christian Dior counter if their blusher went out of date and they said no as long as it is not left
open to the air. This 6 months etc stamp on stuff is purely so they are not sued that is used by all manufacturers I would never know how long I had been usIng an item as I use different ones constantly and nail varnish never goes off either  |
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By *oddyWoman
over a year ago
between havant and chichester |
"I love B&M bargains their home stuff is decent to be honest
Another one I have never heard of in London.
Me neither, are they a northern thing? Never heard of them down here"
waterlooville and fareham have them |
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