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The Clark Howard Podcast

05.09.22 The Wawa Wow Factor / Inflation Supermarket Strategy

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 9 May 2022

⏱️ 31 minutes

🧾️ Download transcript

Summary

The big runup in gas is getting people more focused on where they buy. The market is becoming dominated by independent retailers, not the traditional oil companies. The forward thinking growth of Wawa includes charging stations. And where and how you shop for groceries makes a big difference too. Clark shares what’s getting more pricey and what’s not, and strategies for all to save on groceries, including sharing initiatives.  Wawa Expansion: Segment 1 Ask Clark: Segment 2 SAVE on Groceries: Segment 3 Ask Clark: Segment 4 Mentioned on the show: These 10 Groceries Items Are Getting More Expensive 22 Ways To Save Money on Groceries Report: The Best and Cheapest Grocery Stores Credit card companies adjust merchant fees. Consumers may pay the price Turn off the debit function of your debit card What Is a Fiduciary Financial Advisor and Do I Need One? Bluebird named best banking alternative Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

There's something so romantic about winter and I don't know whether that's just because

0:05.4

I'm a bit of a homebody and I love a 5th.

0:08.0

But I think it's just the holiday period, it's just for me, it's the most romantic period.

0:14.1

And I think anyone who's listened to my records will know that I'm quite a big fan of romance.

0:18.8

Join in every sip with Red Cops Now Back at Starbucks.

0:30.9

It's my pleasure to welcome you to the Clark Howard Show where our mission is to serve you

0:35.2

and empower you to make better financial decisions in your life.

0:39.7

In this episode, I'm excited to talk about how my favorite convenience stores are all on

0:47.6

our growth tear and why this is so helpful to your wallet.

0:54.2

So I know it's crazy I find convenience stores exciting but what can I tell you?

0:59.7

There's something I don't find exciting is the price of lots of foods that are going up and

1:06.0

away. I'm going to tell you what's getting more expensive and actually what's not.

1:12.0

So the big run up in gasoline gets people more focused on breaking habits and thinking about

1:21.9

where am I buying my gasoline? Why am I buying it there?

1:25.8

And I know the prices in a lot of places have come down some people get more focused on it

1:32.8

when they're going up and then they kind of get used to the prices when they kind of level off

1:37.3

or go down a little but it's still a lot of money we're paying and I talked about four weeks

1:44.2

ago about how the gasoline market has gone through such an enormous change and what's been happening

1:53.9

is the market is state after state after state the market is being dominated by independent

2:01.9

retailers not the traditional oil companies traditional oil companies are hideous operators

2:10.4

of retail gas stations they're pitiful at it and the volume of sales of gas all going to

2:19.1

these big mostly regional players quick trip that's based in Tulsa Oklahoma that's in Arizona,

...

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