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Wegmans slashes food prices (recession causes price cuts, free market works)
Finger Lakes Times ^ | Friday, November 7, 2008 11:06 AM CST | By JIM MILLER

Posted on 11/09/2008 6:57:51 AM PST by Behind Liberal Lines

Canandaigua, NY--Local shoppers have been watching their grocery bills increase for months, but some relief is on the way.

In anticipation of lower fuel and production costs, Wegmans has cut prices on hundreds of items, with reductions ranging from 10 to 30 percent.

Signs will go up today and over the weekend pointing customers to the lower-cost items, said spokeswoman Jo Natale.

In a message posted on the company Web site, owners Danny and Colleen Wegman said the price cuts were made in anticipation of Wegmans’ costs falling in the future. They said they don’t mind making a little less money during difficult times.

While gas prices are down, along with the cost of corn, wheat and soybeans, food prices have remained high. Wegmans and other companies locked into contracts when costs were up out of concern that they’d go even higher, the company said.

The Wegmans price cuts are expected to save consumers $12 million a year, or $40 to $60 a month for an average family, Natale said.

(Excerpt) Read more at fltimes.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: New York
KEYWORDS: deflation; economy; food; grocery; inflation; retail; surcharges; wegmans
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To: JackOfVA

I found the black oil sunflower seed cheaper at Wal-Mart, but has quit buying the stuff altogether.

I got sick of feeding the squirrels, who hung on the birdfeeders and stuffed themselves silly. I was filling them up every two days or so and the birds hardly got any.

I switched to thistle seed, which the songbirds like just as well and the squirrels don’t. Although it’s more expensive, I don’t go through nearly as much. I’ve had one bag last me months now and had plenty of goldfinches and other songbirds around.


41 posted on 11/09/2008 1:36:21 PM PST by metmom (Welfare was never meant to be a career choice.)
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To: mass55th

Is that the DeWitt store?


42 posted on 11/09/2008 1:39:15 PM PST by metmom (Welfare was never meant to be a career choice.)
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To: metmom
"Is that the DeWitt store?"

Yeah, Dewitt/Fayetteville

43 posted on 11/09/2008 1:40:10 PM PST by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: mass55th

You know that that is the biggest store in the chain with their recent renovations.

I love to shop there, but won’t unless it’s early on a weekday morning or late on a weekday evening. Just too much of a madhouse otherwise.


44 posted on 11/09/2008 2:14:05 PM PST by metmom (Welfare was never meant to be a career choice.)
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To: mad_as_he$$

Whole Foods has this liberal look and feel, but they have strongly resisted unionization. They are the best place here to find organic foods which my family has switched to since I contracted a serious illness. They are really a contradiction in terms, a source of a great product and a serious capitalist that supports lefty-flavored causes. Even those they support are charities and not government sponsored.


45 posted on 11/09/2008 4:14:52 PM PST by TenthAmendmentChampion (Don't blame me, I voted for John McCain and Sarah Palin. Well, for Sarah Palin, anyway.)
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To: tubebender; HungarianGypsy

There’s an alternate site when FR is down:

http://altfreerepublic.freeforums.org


46 posted on 11/09/2008 4:21:55 PM PST by TenthAmendmentChampion (Don't blame me, I voted for John McCain and Sarah Palin. Well, for Sarah Palin, anyway.)
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To: TenthAmendmentChampion
In my area you can find good organic food without having to go there. I understand you need to switch many have benefited from it. I guess we are lucky. Just cracks me up to pay more for Free Trade coffee.

Do you have a Trader Joe's?

47 posted on 11/09/2008 4:55:24 PM PST by mad_as_he$$ (Nemo me impune lacessit.)
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To: metmom

Great place to shop and we are only 7 miles from the Nia Falls store.


48 posted on 11/09/2008 6:22:25 PM PST by The Mayor ( In Gods works we see His hand; in His Word we hear His heart)
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To: metmom
I agree! Wegman's is the best supermarket.


49 posted on 11/09/2008 6:40:26 PM PST by Dr. Scarpetta
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Comment #50 Removed by Moderator

To: mad_as_he$$

Yes. My husband has taken a strong dislike to TJ’s for some reason. Maybe because their organic food is such slim pickings.

I want to grow food ourselves as well as subscribe to a Community Supported Agriculture organic farm near Madera. I guess we’ll see.


51 posted on 11/10/2008 2:20:09 PM PST by TenthAmendmentChampion (Don't blame me, I voted for John McCain and Sarah Palin. Well, for Sarah Palin, anyway.)
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To: TenthAmendmentChampion
If you are near Madera there must be a Raley’s or a Nob Hill. In Reno Raley’s has an excellent organic selection.
52 posted on 11/10/2008 2:25:16 PM PST by mad_as_he$$ (Nemo me impune lacessit.)
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To: Eagles2003

“I didn’t even know there was such a thing as a kosher chicken.”

Yep.
It’s the kosher ham that’s hard to find!


53 posted on 11/11/2008 11:29:24 AM PST by Ignatz (Obacalypse NOW!)
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To: rbg81

you can’t find that wonderful marble rye bread out here in the west....Wegmans has a lot of quality and its a joy to shop at..yes, a little pricey..


54 posted on 11/12/2008 2:46:30 AM PST by cherry
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To: mass55th

where you from Mass?.....I used to live in Rome.....


55 posted on 11/12/2008 2:52:42 AM PST by cherry
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To: cherry

Born and raised in Rochester, NY.


56 posted on 11/12/2008 7:14:28 AM PST by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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