Major grocer SuperValu announced late Wednesday that it is closing 60 underperforming stores. SuperValu's chains include Albertsons and Shop 'n Save, and it has 4,400 stores, so 60 may not seem like a lot. But the move will have serious repercussions for the company.
When times get tough, even Walmart's "everyday low prices" aren't all that alluring to shoppers -- except when it comes to food. We all have to eat, and Walmart's latest push could make it an even more dominant force in the grocery business.
The economic recovery may not be ripe yet, but affluent shoppers are having no problems paying a premium for high-end groceries. Shares of upscale supermarket operator The Fresh Market hit fresh highs on Wednesday after the company posted blowout quarterly results.
If you shop at Walmart for groceries, your food bill is about to shrink. The nation's largest retail chain is looking to provide some extra financial relief to its shoppers by offering lower prices on grocery items every day, Reuters reports.
Memo to extreme couponers: Some retailers, particularly supermarkets and drugstore chains, are mad as hell and they're not going to take it anymore. To save their bottom lines, they're setting limits on just how much all your coupon cleverness can save you.
When it comes to saving money on groceries, using coupons can cut your bill in half. But in this fast-paced digital age, who has time to find the deals? We've consulted the coupon experts to help you save money on food without giving up your social life.
Beef prices have bulked up so much that thieves are starting to steal it. Consumers might feel like they're getting robbed, too, at the checkout stands. Several factors -- including high cattle feed prices -- mean the prices could continue to climb. Here's how to spend less cash on cows.
The grocery market has been rough in the last decade as big-box stores have emerged as new competitors. But before you dismiss an opportunity in the traditional grocery space, here's why bargain-shopping investors should take a stroll down the aisles of Supervalu.
Last year, grocery sales were up a modest 1.8%, yet sales of organic items more than doubled that growth rate, up 4.4%. Clearly, we're shopping differently. But are we even sure what an "organic" or "all natural" label means? It's more complicated than you might think.
In DailyFinance's new video series, My Three Cents, personal finance columnist Regina Lewis discusses tips and trends affecting today's consumer market. This week's focus: grocery shopping, where the jobs are and buyer's remorse.
Food shopping on Saturday afternoon: From the parking lot the checkout line, it's survival of the fittest. Now, imagine it all set to music. Grocery store music videos on YouTube are the latest addition to the culture of consumerism devotionals. Can't believe it? Watch these...
Saving money gets a tasty twist at international grocery stores, where your favorite foods often come with much smaller price tags. And with food costs on the rise, what a better time to explore than right now.
Men, who have endured slightly higher unemployment rates than women, have been taking on more of the household shopping, according to a recent report. The trend hasn't boded well for stores: On average, men spend less than women on each trip.
Food prices are on the rise, with the USDA now anticipating increases of 3% to 4% this year. But there are some ways to minimize the damage to your grocery bill. From shopping smarter to avoiding processed foods, learn some tricks to help stretch your food budget.
In this economy, cash-strapped consumers have become more budget conscious and less concerned about appearing cheap. As a result, better-known brands have steadily been losing ground to store-branded food products.
Supermarket chain Kroger boosted sales and turned a profit in its fiscal third quarter, but failed to beat Wall Street earnings estimates and lowered the top of its 2010 earnings forecast range. Shares fell 9.3% on the news to close at $21.63 Thursday.
Walmart has renewed its efforts to purchase Russian supermarket chain Kopeika, following reports that competing Russian grocer X5's interest in acquiring it has waned, according to Reuters.
Record heat in Russia is hurting its wheat crop, sending the grain's price soaring -- potentially affecting future bread and pasta costs. But it doesn't end there. For separate reasons, coffee and cocoa prices are also up. Get ready to pay more for food.
