What’s going on at the market where we buy groceries?
The food market at a Sydney supermarket is booming, with shoppers lining up to buy what they can.
Key points:It is the biggest grocery store expansion in the nation’s historyWith more than 1,000 stores, the market is also the largest in Australia’s historyFood and drinks are going for a hefty premiumFood is going for the highest prices on average in the market since the market opened in 1999There are now more than 2,000 food and drink outlets across Sydney, and the city is now the country’s largest grocery market.
Market chief executive David White said the expansion was driven by the fact that grocery stores in Sydney are now able to offer more fresh, affordable, and nutritious food.
“We are really excited about the growth of the Sydney market, it is the largest grocery store growth in the world and we have more than one billion people in Sydney,” he said.
“The growth of Sydney market is phenomenal and we expect that to continue as we continue to grow the network of supermarkets in the city.”
I think the market has really exploded in Sydney, the number of supermarkets has doubled over the past decade and now there are more than two billion people here in Sydney.
“Mr White said there were no big differences between the prices at supermarkets in Melbourne and Sydney, but that prices were going for more.”
They are going to have their prices but we are really seeing that in the Sydney marketplace,” he explained.”
For example, if you were to go into a supermarket in Melbourne, you would get a whole range of products for a lot less money than you would in Sydney.
“In the same way, you are going have a whole bunch of products that are going up in price, and we are seeing that reflected in the price of a lot of our produce.”
Mr Whit said there was a lot more to the Sydney supermarket boom than just higher prices.
“It’s also about the quality of food,” he told ABC News.
“Our supermarket food is fantastic, we have lots of products in our food, and there is a lot quality food coming out of the supermarket that’s going to be a lot fresher than what is coming out from a grocery store in Melbourne.”
He said the average price for fresh produce had gone up in the past year, but added that that wasn’t necessarily the case at all supermarket prices in Sydney were still cheaper than supermarket prices around the country.
“Fresh produce is a bit more expensive than you might think because the supermarket has to get the products from the farmer,” he added.
“But you also get a lot fewer problems from the consumer and the supermarket is getting a lot better quality food.”
Foods are going from supermarkets to the market, but are they good for us?
Aussie grocery giant Woolworths said it was making it easier for customers to shop at the store by increasing the number and variety of products available.
“There is always a market for fresh, healthy, and delicious food, but there are also those who are hungry and want a variety of things,” Woolworth’s CEO of food and beverages, Ian Martin, said in a statement.
“As more and more consumers choose to shop in a supermarket, we are introducing more and better products and products that have a lot to offer the consumer.”
Mr Martin said Woolworth was working with the NSW Government and other food retailers to provide fresh produce to more people in the future.
“What we are doing is we are taking our fresh produce, we will get it through the farmer and we will deliver it to the consumer, so that they can get the freshest food possible,” he continued.
“If the farmer is in a drought, we do not have that fresh produce available.
We can get it delivered to people in drought conditions through our network of supply chains.”
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