A bargain gone wrong?
I'm sure many of you are familiar with Kellog's Cornflake, the ubiquitous representation of cornflake (and certainly superior to Nestle's, in my opinion), much as Maggi represents instant noodle and Tupperware represents plastic container.
In Seremban, there's a chain of local supermarkets called Family Store (or Ka Ka in Cantonese...strange to me). Family Store is popular at least in Rasah Jaya area. Not sure about other housing estates around Seremban. On the other hand, I'm sure Giant is a very recognisable hypermarket in Malaysia and generally things are cheaper there compared to your local mini/super markets.
Anyway, recently, I found that a large box of Kellog's Cornflake (I believed it's either 125g or 175g) costs RM7.29 in Giant while it costs only a mere RM3.99 in Family Store. This is truly unbelivable as the difference is very significant.
I wonder is it possible to arbitrage here? Buy all boxes in Family Store and sell them at where they do not exist? Hmmm...
In Seremban, there's a chain of local supermarkets called Family Store (or Ka Ka in Cantonese...strange to me). Family Store is popular at least in Rasah Jaya area. Not sure about other housing estates around Seremban. On the other hand, I'm sure Giant is a very recognisable hypermarket in Malaysia and generally things are cheaper there compared to your local mini/super markets.
Anyway, recently, I found that a large box of Kellog's Cornflake (I believed it's either 125g or 175g) costs RM7.29 in Giant while it costs only a mere RM3.99 in Family Store. This is truly unbelivable as the difference is very significant.
I wonder is it possible to arbitrage here? Buy all boxes in Family Store and sell them at where they do not exist? Hmmm...
Comments
What do those characters mean? Google translated them to "Every Family".
Ban,
Hehe me too.
Expiry is about the same time. I doubt cornflake is a good item to be a loss leader since it is not a staple food, like bread.
Are they? Gotta look out for the sign next time.