Price Comparison - Co-ops vs. Giants
There’s a long list of differences between food co-ops and privately owned grocery stores, however, for shoppers most concerned with prices, these differences may become secondary in importance. Prices are top-of-mind.
When comparing prices between grocers, it’s important to compare identical products. If the products are not identical, then many other considerations need to be included in the comparison - food quality, nutritional profile, production methods, etc.
So what happens when comparisons are made between identical products at food co-ops and grocery giants? Are food co-ops more expensive?
On January 19, 2020, author Jon Steinman walked into The Wholesale Club (TWC) in Nelson, British Columbia. TWC is owned by Canada’s largest grocer - Loblaw Companies Ltd. of Toronto. In 2019, TWC began carrying many of the same organic/natural products carried at Nelson’s Kootenay Co-op - a 45-year-old food co-op owned by over 14,000 area residents. Similar to perceptions shoppers have of food co-ops across the continent, the Kootenay Co-op is often believed to have higher prices than other grocers. So is it true?
Compared here are prices between the Kootenay Co-op and The Wholesale Club (Loblaw) on January 19, 2020.
Notes:
Only identical products were compared - eliminating the need to discern food quality
Most items compared are ‘grocery’ items. Produce, meat, and dairy were not compared as very few identical products could be found in these departments.
Items from as many categories as possible were compared but efforts were made to avoid comparing multiple products in a single category (i.e. nut butters… there are a lot of them!, so only a few were compared).
Sale prices at both the Co-op and The Wholesale Club were included.