Kansas Crimson

TDub wrote: ↑Wed Aug 21, 2019 10:23 am And with people across the country represented on this board the only way to do an accurate analysis is to look at historical data across the country across the years. Your specific hyvee data is useless in measurement of the industry. Increases at your specific hyvee are likely a result of the very local economy and the management of that retailer and their specific relationships with suppliers but not an indicator of national policy impacting grocery prices.

twocoach wrote: ↑Wed Aug 21, 2019 10:28 am

TDub wrote: ↑Wed Aug 21, 2019 10:23 am And with people across the country represented on this board the only way to do an accurate analysis is to look at historical data across the country across the years. Your specific hyvee data is useless in measurement of the industry. Increases at your specific hyvee are likely a result of the very local economy and the management of that retailer and their specific relationships with suppliers but not an indicator of national policy impacting grocery prices.

Good lord.

MICHHAWK wrote: ↑Wed Aug 21, 2019 10:24 am The stock market is having a lovely day because of better than expected 2nd quarter results from retailers such as target, Lowe’s and Walmart.

We need to wish on that recession harder. Come on folks you have more in you.

TDub wrote: ↑Wed Aug 21, 2019 10:31 am

twocoach wrote: ↑Wed Aug 21, 2019 10:28 am

TDub wrote: ↑Wed Aug 21, 2019 10:23 am And with people across the country represented on this board the only way to do an accurate analysis is to look at historical data across the country across the years. Your specific hyvee data is useless in measurement of the industry. Increases at your specific hyvee are likely a result of the very local economy and the management of that retailer and their specific relationships with suppliers but not an indicator of national policy impacting grocery prices.

Good lord.

The fucking discussion was national policy creating enormous grocery price increases. Your single data point determined by the very exact science of handful measuring doesn't mean a damn thing to the discussion. Per typical the point has sailed by you. Good lord indeed.

MICHHAWK wrote: ↑Wed Aug 21, 2019 10:24 am The stock market is having a lovely day because of better than expected 2nd quarter results from retailers such as target, Lowe’s and Walmart.

We need to wish on that recession harder. Come on folks you have more in you.

Paul1 wrote: ↑Wed Aug 21, 2019 10:58 am

MICHHAWK wrote: ↑Wed Aug 21, 2019 10:24 am The stock market is having a lovely day because of better than expected 2nd quarter results from retailers such as target, Lowe’s and Walmart.

We need to wish on that recession harder. Come on folks you have more in you.

Help us out MICH - our resident investment guru. Well, maybe you're our #2 guy behind Lobster.
The market is having a lovely day TODAY because of Walmart's better than expected 2nd quarter results?
How so?

MICHHAWK wrote: ↑Wed Aug 21, 2019 11:08 am Don’t forget target and Lowe’s.

Mjl wrote: ↑Wed Aug 21, 2019 7:41 pm I don't think I'm violating any of my company rules by sharing this stuff... ¯\_(ツ)_/¯
Someone mentioned produce. The past 52 weeks the average price of all produce was 2.78 per unit. The previous 52 weeks was 2.75.
I checked the Dallas division for JeepinJayhawk. Last 52 weeks, all groceries, average price per unit of 3.13, previous was 3.07.
All groceries across the board, it was 3.14, versus 3.07 before.

So prices have gone up, about 2.3%.

Individual commodities of course will have pretty significant swings - look at avocados right now for example. But that happens all the time - it's usually due to wild swings in demand (every hipster is broke now thanks to their avocado toast addiction) or weather.