HomeAfrica-NewsWoolworths Responds After Nico Panagio Calls Out Popular Retailer About Pricing

Woolworths Responds After Nico Panagio Calls Out Popular Retailer About Pricing

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A tweet from Nico Panagio lamenting grocery prices is going viral.

On Tuesday, the SA Survivor The host wrote in a tweet to Woolworths SA that “it’s been wonderful having you around – great quality (most of the time) however as you keep raising your prices (weekly it seems) you’ll see us less and less.” . I thought I should tell you since we’ve been in a business relationship for so long.”

Since the tweet was posted, it has 1,257 retweets, 218 dating tweets, and 7,164 likes and counting.

It has gotten a lot of reactions from other users, commenting on the rise of various products.

Radio host Suga-Funk wrote, “I worked at Woolies. I’m proud of that and the experience gained. Lessons for a lifetime. I just can’t shop there anymore.”

While Algoa FM presenter Wayne Hart responded: “I think we’d be incredibly naive to think this is just a Woolworths ‘problem’.”

In response to a media query, a Woolworths spokesperson said News 24: “At Woolworths, we strive to keep our price increases to an absolute minimum. However, there are circumstances that are often beyond our control that impact price adjustments. We will only accept a price adjustment as a last resort after exploring all avenues to prevent one.”

The statement continued: “Based on our long-term relationships with our partners, we work as a collective to better understand how we mitigate price increases. In addition, we track thousands of industry prices weekly to ensure Woolworths remains competitive. Various independents Market price surveys on the daily basket of items conducted in 2022 reaffirm our commitment to Price, Quality and Value for our customers.”

News24 reached out to Nico Panagio for further comment on his tweet. No response was received at the time of publication. This article will be updated if more comments are available.

An earlier version of this article said that Suga Funk is a DJ on GoodHope FM, is a host on Heart FM.

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