My local Albertsons had a huge sign out front the other day that screamed “We’ve cut prices on thousands of items.” Yesterday I received a mailer trumpeting the same message, with lower prices for frozen burritos (5 for $2), apple juice (now $2.49 ea), and spaghetti sauce ($1.29 ea). I bought a dozen eggs for $1.79 at Albertsons, which means they now rival Trader Joe’s on egg prices. My Ralphs flyer boasted a 99-cent sale on Colgate toothpaste, sliced bread, and eggs. Wow! Are your local grocery chains also lowering prices? The LA Times says chains are lowering prices because discounters are .
Perhaps more importantly…
Milk prices have collapsed, dropping 19% since July (AP)
(The Star Press)