Question about saving on grocery expenses
Which grocery store has the best prices?
Answer about saving on groceries
We're asked this question all of the time at seminars and by reporters. The truth is that all stores will advertise something as a killer sale each week. These weekly sale items are called loss leaders; they are products that stores use to entice shoppers to come in and shop. The products usually are steeply discounted items where the profit margin is either very slim or non-existent for the grocer. (We were told by one retailer that the turkeys they sell at Thanksgiving for between $.29 and .$.49 per pound, cost the store $.89 per pound). Grocery stores are hoping that you’ll come into the store and buy the loss leader along with other full price items.