UK supermarket profits down as more people are using GLP's

Johnny D

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I'm guessing the stats are the same in North-America. Maybe even more so??
People are simply eating and snacking less, which causes food profits to drop significantly.
Will get worse as well as more and more people start using GLP's.

 
£418 decline in spend per household when compared to non-user households.
That's a lot more than I thought it would be. I wonder if this includes alcohol/cigs as well. I'm glad more people are discovering this, becoming healthier, and saving money along the way.

Sales of crisps and chocolates are the worst hit, though sales of oral health products are up due to side-effects of the jabs, such as bad breath.
Wasn't aware that bad breath was a common side effect... Interesting that they did not mention increase in sales of laxatives.
 
I've actually had to increase my grocery budget because of inflation, even though I'm eating less. The only products in my day to day life that cost less than they did a year ago are GLP1s.
 
I've actually had to increase my grocery budget because of inflation, even though I'm eating less. The only products in my day to day life that cost less than they did a year ago are GLP1s.
I have trnasformed my diet to greek yogurt and protein ultrafiltered milk because "whole food" options are just getting out of hand for me, especially when you are weight training.
 
6.3% of 418 per household is a pretty small number compared to overall grocery sales.

They are certainly trying to compensate for lost sales of cheap high calorie foods by selling lots of new high protein , but usually still pretty high calorie foods at about twice the price of the non high protein versions.
 

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