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Entries in Groceries (4)

Wednesday
Jan182012

How to Save Money at the Grocery Store

George Doyle/Stockbyte(NEW YORK) -- Saving used to be simpler. Now, thanks to rising food prices and shows like Extreme Couponing, cutting and clipping has become an art form.

Teri Gault is the founder and CEO of The Grocery Game, a website that provides consumers with weekly lists of the lowest-priced products at their local grocery stores. Gault says her site helps people save up to hundreds of dollars per month. Here is a list of her top tips:

Stacking Sales -- or, combining coupons with in-store deals.

"Investing" -- buy in bulk when things go on sale, Gault says, so you won't have to pay full price later. In other words, don't wait until you run out.

"You don't even have to cut coupons to cut it [your monthly grocery bill] in half," says Gault. "You just invest. "But adding a coupon saves you about 67 percent on the average."

Timing -- Many people don't realize you don't have to redeem your coupons the same week they come in the paper. Coupons usually expire in three months, so you can play your coupons like a card shark.

Final Note: You can donate expired coupons to military families overseas, who may use them for up to six months past the expiration date. One place to do so is this Facebook page. StockpilingMoms.com donates all of their expired coupons to their local American Legion Auxiliary. Coupons must be clipped and bundled with rubber bands.

Copyright 2012 ABC News Radio

Tuesday
Jun282011

Grocery Store Rids Itself of Packaging

Stockbyte/Thinkstock(AUSTIN, Texas) -- That environmentally friendly canvas shopping bag you proudly lug to the grocery store is about to get a lot more full, if you do your shopping in Austin, Texas.

You'll need to fill it with your own reusable containers, because cereal boxes and beer bottles will be a thing of the past at In.gredients, a new-age grocery store opening in Austin later this year.

The company behind the idea says the concept is to create a shopping experience that forgoes any kind of packaging and instead lets customers buy as much or as little as they need by filling their own containers.

"Essentially it's a very simple model, a throwback to old times," said In.gredients co-founder Joseph Lane of Brothers Lane, LLC, which consists of Lane, his two brothers, and a friend of the family. "We were looking at a way of using these old methods to make it more convenient and easier for customers to participate in a zero waste lifestyle."

The vision for a package-less grocery store, the first in the United States, involves customers shopping with their own containers, therefore purchasing the exact amounts that they need to take home.

Lane, whose team has backgrounds in IT management and business process consulting, said that the idea came after they began to think back to their childhoods and were looking for a new business venture that promotes environmental sustainability.

Howard S. Schiffman, a professor of environmental conservation education at NYU, said that although the idea is a step in a good direction, the company may be overlooking the importance of packaging products. Though it may cost more, packaging does prevent foods from going bad. That allows retailers to keep inventories on the shelves for a longer period of time, saving the business the manpower and money that would otherwise be spent repeatedly restocking.

"It's overall a wonderful idea and might change thinking on sustainability, but there's something they need to keep an eye on," said Schiffman. "There's something we get from packaging, it can help keep things fresh and reduces spoilage."

"But if they can address that problem or sell in high volume, that might be something to compensate."

Copyright 2011 ABC News Radio

Monday
May302011

Gas or Groceries?: Kroger Tries to Relieve Worries

Jupiterimages/Thinkstock(CINCINNATI) -- Americans are making tough choices in order to fill their gas tanks. Now Kroger is trying to ease the pain. The nation's largest "traditional" grocery chain wants to alleviate the concerns of customers who are choosing between gas and groceries.  

The Cincinnati-based grocer is tripling the number of stores where shoppers can get as much as a dollar per gallon off of the price to fill up.  And it is certainly good for business.  Kroger is building sales and attracting new customers.  

Most "Loyalty Card" users get ten cents off a gallon for every $100 spent on groceries.  But in a growing number of markets, including Atlanta and Phoenix, it's a dollar off per gallon, making gas prices similar to last year's prices at this time.

Copyright 2011 ABC News Radio

Tuesday
Feb012011

Limited-Assortment Grocery Stores Allow Consumers to Save Big

Photo Courtesy - Getty Images(NEW YORK) -- The typical supermarket contains 50,000 different products.  Would you give up some of that selection for lower prices?

Millions of Americans are doing just that, at "limited assortment grocery stores."  The best-known are Save-A-Lot, Aldi and Grocery Outlet.  These stores are about half the size of a typical suburban supermarket.  They are stocked with 95 percent store brands and only carry about 80 percent of the selection traditional stores do.

Shoppers probably won't find olive tapenade, brie cheese or basmati rice at one of these smaller stores, but they can find big savings.

Save-A-Lot only carries name-brand products when it can score a deep discount on them and pass the savings along to its customers as a special deal.  Mostly you see shelves lined with unfamiliar store brands like Kurtz, Coburn and Portman's.

Other signs of a unique philosophy: a smaller meat department with fewer cuts, and products displayed on the palettes they came in.  Some products are offered in one type and one size, so the store is not using a lot of shelf space to stock dozens of brands.

Save-A-Lot claims to save its customers as much as 40 percent with this formula, and retail analysts back up that number.

The concept is working for the stores, too.  While traditional grocery sales are stagnant, revenue at limited assortment grocers Save-A-Lot, Aldi and Grocery Outlet is growing.  In fact, all three chains plan to expand dramatically in the next couple of years.

Copyright 2011 ABC News Radio







ABC News Radio