With inflation rates in Canada increasing every day, we all want the most affordable deals and discounts on groceries.
Food Basics is a popular store known for its wide selection in Canada, but is Food Basics affordable and does it price match?
Food Basics do not price match, but they do offer customers a range of different discounts and deals.
In this blog post, we will dive deep into the Food Basics price match alternatives, other stores that offer price match policy, a complete understanding of price match and its importance, and how Savvie can unlock amazing savings!
What Is Price Matching?
Price Matching — this is a customer-friendly policy most retailers follow that commits them to match a competitor’s lower advertised price for the same product on their site. That is, if you see a cheaper price somewhere else, you can ask the store you are in to honor it. But make sure to ask your preferred supermarkets if they have such a policy.
Every grocery chain has its price match guarantee, and it’s a good thing to know as well as understand them. As customers get price matches, they will save on the item they want and thus be loyal to the retailer. This policy attracts the customer but also gives them a premium purchase.
You can also check price match policies for your store — some are different online and others offline — so you want to be aware of these policies to save the most. Some local shops don’t have the same policy as big box retailers but most of them do have more expansive policies and even price matching within a geographic region. When customers are aware of these policies, they can buy smarter and receive discounts.
Does Food Basics Price Match?
Food Basics does not provide price matching for customers. But don’t be alarmed, Food Basics customers. Although there is no price match policy, the store still has some other ways for you to cut corners. You can also get several discounts, offers, and weekly circulars where even old-timer users can still save some money on their purchases. This is so that though customers do not benefit from price matches they can use the store's deals and offers to make their shopping experience cheap.
Alternatives for Price Matching at Food Basics
Food Basics provides alternatives that benefit their customers, ensuring they can still enjoy savings on their purchases. Here are some options offered by Food Basics:
Student Weekly Offer
Food Basics offers a special discount for students every Tuesday. As stated on their official website, "Every Tuesday is student discount day at Food Basics.” Students can avail themselves of a 10% discount on their grocery purchases exclusively on Tuesdays.
Weekly Flyers
Food Basics regularly publishes deals, discounts, and promotions in their weekly flyers. These flyers feature a variety of offers that allow customers to save money on their groceries. Customers can easily access these flyers on the Food Basics official website. By visiting foodbasics.ca and navigating to the "Flyer" page, customers can view the current week's flyer, regardless of whether they have a Food Basics account. If they are signed in, the flyer for their preferred store location will be displayed, providing them with easy access to the latest savings opportunities.
Other Stores That Offer Price Matching
As we know, the price hikes are increasing in Canada. People want to purchase their desired products at a lower price. It is now becoming more work for people to fulfill their daily grocery needs within their budget. People are searching for budget-friendly grocery stores offering price matches, discounts, and deals. Let's find out about the grocery stores that offer price match policy.
No Frills
No Frills offers its customers a price-match policy for their customers. They match the prices of products at competitor stores in their geographic trade area. They allow price matches of four items per buyer per transaction.
Real Canadian Superstore
Real Canadian Superstore offers its customers a price match policy. They match the price with the competitor-specific store in their geographic area. They also provide a four-item price match per buyer per transaction.
FreshCo
It allows you to price-match a significant store in the same geographic area. FreshCo is famous for its lowest price guarantee. They state on their official website about price match: “Lowest Price Guaranteed If another discount supermarket in your area is advertising a lower price, show us and we won’t just match it, we’ll beat it”.
They also offer a price match guarantee of 4 items per buyer per transaction. They also provide your desired products at lower prices than their competitors. It also provides a 0.01$ lower price than the competitor's advertised price in their geographic trade area.
Giant Tiger
Giant Tiger also offers the same price match policy as FreshCo offers. They provide a price match policy not only for the physical store but also for online items. It gives you $0.01 lower than the competitor's advertised price if you show it a digital or print flyer as proof.
How Food Basics Price-Matching Policies Compare to Other Grocery Stores
While Food Basics does not offer price matching, understanding how their policy contrasts with other retailers can help you strategize your shopping to maximize savings. Here’s how some other popular grocery stores in Canada handle price matching:
- Costco: Although known for bulk purchases and membership benefits, Costco also has a specific price-matching policy for electronics and appliances, adding value for their customers.
- FreshCo: With a strong commitment to low prices, FreshCo enhances customer savings with its price-matching promise, pledging to beat competitor prices.
- Loblaws: Loblaws chooses not to price match, opting to enhance customer value through high-quality offerings and dedicated service.
- Metro: Metro is committed to ensuring shoppers enjoy low prices, quality merchandise, and numerous deals, even without a price match guarantee.
- Walmart: A leader in competitive pricing, Walmart’s price matching ensures that their customers always get the best deals available.
- Shoppers Drug Mart: This pharmacy-focused retailer does not offer price matching but has the Optimum points system to reward its customers.
- No Frills: Aggressively ensures the lowest prices with their comprehensive price matching, proving their motto of not being undersold.
By comparing these policies, customers can make informed decisions about where to shop based on their specific needs and potential savings.
FAQs
Does Giant Tiger Price match Food Basics?
Yes, Giant Tiger's price matches Food Basics. Giant Tiger offers an Ad Match Guarantee in which they state that they will beat any competitor's advertising price.
Who owns FreshCo and Food Basics?
FreshCo is owned by Sobeys and Food Basics is a separate discount supermarket chain owned by Metro Inc.
Does Food Basic's price match Walmart's?
No Food Baics does not have a price match policy. They give alternatives to their customers.
Final Thoughts
Although price matching is a great way for smart shoppers to make a discount on a product they would like, not every retailer has this feature. Food Basics for example doesn’t match prices. But they make up for it by offering customers alternative savings. There are also many deals and coupons from Food Basics that are available in the print and digital weekly flyers. And with the 10% grocery item discount students receive every Tuesday, the savings potential at Food Basics goes up even further.
And if you want to save yourself the headache of figuring out which store has the best price on your everyday household items, try downloading Savvie. For as little as $5 a month, Savvie can help you save up to $40 a week!