"discount" news and stories

Add Albertson's to the roll call of companies shutting doors due to the recession. The grocery chain has announced that they will be closing multiple stores in economically slammed locations like Florida, Texas, California and Nevada. Albertson's will still be the second-biggest supermarket chain in the U.S., but a bit of the bloom will be off the rose (or, if you prefer, ripeness off the tomato or mayo off the macaroni salad).

Of course, this means that there are bargains to be had at stores that are being terminated, with discounts of 10-90% off. I myself have picked up bags full of Indian specialties for 75% off (thus, my normally overpriced $4 jaipur vegetables are now a solidly discounted dollar), as well as staples like soup and beans for less than a buck and stacks of disposable foil baking pans for a dime apiece. I also scored some Bumble & Bumble hair products for under $10, but you can't eat those.

If you see an Alberston's with a "Store Closing" sign, it's worth checking out.

As anyone who has ever entered a Whole Foods knows, it is painfully easy to spend money in that store. I often walk in with budget-friendly list and a promise to myself not to impulse shop. However, the sight of the produce section lulls me into a fugue state that I don't snap out of until I'm paying for my purchases, horrified that I've taken such a big bite out of my checking account but unable to do anything to alter course.

It appears that the tightening economy is starting to hurt Whole Food's coffers, as they've issued a web coupon in the hopes of luring people back into their stores. If you spend at least $25, this coupon will save you $5. Not a bad deal at all. You can find the coupon here (don't try to print the image that accompanies this post, it's not the entire coupon).

[via Eat]

Source

Christiane Jory did, and was so thrilled with the outcome that she decided to write a book about her discoveries: The '99 Cent Only Stores' Cookbook. It's filled with recipes that make gourmet food out of not-so-gourmet ingredients. (This seems to be the week for 99 cent meals).

Like the NPR reporter who interviewed Jory, I'm definitely skeptical of food that comes from a 99 cent store. Yep, I'll admit it: the often-discolored cans, dented boxes, and brands I've never heard of creep me out. And if you told me you bought wine at the same place? I'd try it, but I'd cringe a little.

One of my first thoughts was, Oh, but the food is probably shipped from far-off countries and sits in warehouses for days. But Jory insists that some of the food at the stores actually comes from local farmers and distributors. Jory relies on improvised and substituted ingredients - evaporated milk instead of cartons of milk, canned veggies instead of fresh - to achieve a tasty meal at a low cost.

I have to say, Jory definitely encouraged me to look for food in different places, and be open to new ideas. The only thing that turned me off was the health aspect. Canned foods and refrigerated croissants can be easy and tasty, but they're not the most nutritious. Maybe next time I pass a Dollar Tree, I'll look around for bargains, but I don't think I would make it my primary source of food. Would you

Source

Owned by a German company called Albrecht Discounts, ALDI is a discount grocery chain that started in Germany in 1948. Decidedly no frills, the company stocks virtually all house-brand products, all offered at very low prices thanks to exclusive deals with their suppliers, many of which are big-name producers. ALDI has approximately 5,000 stores worldwide and the two Albrecht brothers, who own the company, are some of the riches men in the world.

But getting back to ALDI's business strategy, does this sound like another store that we know of? The same strategy, although executed by the US staff and tailored to their customers' tastes, is the exact same one used by Trader Joe's.

Trader Joe's, although it may be based in Southern California, is actually owned by Albrecht Discounts. The company was purchased back in 1979, long before it hit the cultural mainstream. Since that time, it has been left to turn itself into a very trendy, upscale grocery store by following a similar business plan to ALDI. TJs has low prices and a lot of store-brand products, but a different image that appeals to a different group of consumers.

The holidays can get pretty expensive, with gifts, food and entertaining expenses piling on until after the New Year (especially if you want to hit one or two after-Christmas sales), so it is always great to find a way to save some money without loosing out on quality. Food is one area where it is difficult to cut back, since price and quality are often closely linked. Paying more will usually get you better meats, cheeses and chocolates, for example. When it comes to wine, however, price are quality are not necessarily as closely inked - not unless you're talking about $100+ bottles of wine, anyway. Since AOL Food has a much larger staff than we do, they went through many bottles of wine to find five great ones that are $5.99 a bottle or less, perfect for serving with holiday dinners or bringing along as a hostess gift to a party because they are guaranteed to taste good without breaking the bank.

1. Trader Joe's Coastal Cabernet ($4.99)
2. Amaicha Torrontes ($4.99)
3. Banrock Station Shiraz ($5.99)
4. Barefoot California Merlot ($5.99)
5. Barefoot California Chardonnay ($5.99)

Source