Friday, 20 December 2013

Monday, December 16/2013

One of the primary bankruptcies in last winter's Cyprus debacle was that of Orphanides, a long standing chain of Cypriot supermarkets. Suppliers extended credit long after they should probably have ceased to do so in the hopes that throwing the good money after bad might possibly keep their outlet afloat, but eventually it went under. However, the Larnaca store has not stood empty, but is now occupied by Alphamega, an outfit that appears to have links to Tesco and carries a number of Tesco brand name products. We walk over to investigate - about a mile or so. It's not busy, and the reason is obvious. Neither prices nor produce are quite good enough. Always interesting to speculate on how and at what level the critical decisions are made. Does the manager's wife shop there and if not does he know why not. There are some very good buys in the liquor department though. And we take home a litre bottle of Famous Grouse whisky for €12.99. No exact equivalent in Canada, as Canadians insist on selling 1.14 litre bottles, but 1.14 litres of Famous Grouse at the Ontario liquor board stores is $42.40, or €28.93, more than twice what we paid. Decline to do the UK math, but we've got a bargain by London standards as well.