U.S. News
Social Media Reveals Record Cost Surge for Superstore Shopping Basket
Clear Facts
- Inflation reached a record 9.1% peak in 2022, leading to increased costs of goods and services.
- A shopper used TikTok to highlight the dramatic price increases at a well-known superstore over the past two years.
- The same order he placed two years ago for $126.67 would allegedly cost $414.39 today, nearly four times more.
The impact of the record inflation peak of 9.1 percent in 2022 is evident in the increasing prices of goods and services. Consumers are directly feeling these higher costs. A customer at a prominent retail store decided to demonstrate the extent of the price increase over the last two years.
A musician and TikTok creator, @sewerlidd, used his account to reveal the price inflation. Using his purchase history on the store’s app, he showed a delivery order he placed two years ago. The order, comprising 53 items, cost him $126.67, which lasted him roughly a month.
In his video, while reviewing his previous order, he noticed the “reorder all” feature on the app. “And I wanted to see how much it would cost now,” he told his viewers. The result was shocking. The exact same order now came to $414.39.
Expressing his disbelief, he said, “That is four times more. How? I feel like I’m going to be sick.”
This TikTok video quickly gained traction, with nearly two million views in only a few days. The steep price increase left many other viewers feeling the same level of shock.
One viewer commented, “Life isn’t affordable anymore. I’m not sure how my family of four is even eating these days!” while another added, “I knew it was going to be bad. I didn’t know it was going to be this bad.”
Some viewers accused the retailer of “price gouging,” a sentiment previously shared by Robert Reich, the former U.S. Secretary of Labor and current professor of public policy at the University of California, Berkeley. In a recent post, Reich criticized a major retailer for hiking prices on its food brands, leading to a 93% spike in its net income to $10.5 billion towards the end of 2023.
However, some viewers questioned the authenticity of @sewerlidd’s claim, noting that he didn’t provide a detailed list of the ordered items, which led to suspicions that he may have unintentionally reordered the same order multiple times. One commenter noted, “Or did you accidentally ‘reorder all’ three times? If you divide $414 by three, it’s $138, which is about $12 more than 2 years ago. But if it’s legit, that’s insane.”
In response to these allegations, the retailer stated its ongoing efforts to reduce consumer costs. The CEO stated in May that the company had recently lowered prices on nearly 7,000 items in its stores. “Our combination of everyday low prices plus a large number of rollbacks is resonating [with consumers],” he said during an analyst call.
Let us know what you think, please share your thoughts in the comments below.
CandygramForMongo
July 12, 2024 at 7:01 am
Voting democrat will leave you poor on the plantation, just like an 1850’s plantation field slave! When will the abuse end?
Daniel Quigley
July 12, 2024 at 8:18 am
Now imagine a 100% Disabled Veteran who is also receiving SSI. Between those 2 and the large because of Bidens Inflation 3.4% Cost of Living increase the total wouldn’t have purchased 3/4’s of that order. Inflation was actually over 7% when Biden who was attempting to give both VA Disability and SSI a 1.4% increase but thankfully Laws forced the 3.4% which in most cases didn’t cover the Rent and Electricity going up at least 5% each and every year. Meanwhile Minimum Wage went up exactly 100% meaning everything a human has to purchase went up 3 to 15% across the board. Folks its only going to get worse as states like California decided that 15 an hour wasn’t enough so they decided that 25 was a better number. That 25 has closed a few hundred business already and it’s going to continue to get worse. People are leaving NY and California faster then the Government can fast track Illegals to take their places.
Alice Webb
August 8, 2024 at 3:20 pm
But Bidenomics is working! Just ask air head Kamala. You bet it is working, FOR THEM & their elite friends. Tell that to the folks that can’t afford basic necessities, like food, gas, rent, health insurance, car payments, etc. These Jerks make me sick! If people keep voting for the Democrats, they can expect more of the same or worse, like deaths caused by the illegals! Wake up people! We need President Trump back in office so he can straighten out this Biden/Harris mess!