Back in the Dark Ages of self-scanning at the supermarket – way back in 2011 – customers thought it was cool if they could use a store-provided “wand” to scan their items as they shopped. Yawn, that’s so last year. Now, at least one major supermarket chain is letting customers scan items with their own phone – and soon, you[Read More…]
As Walmart continues to run ads across the country, comparing its prices to supermarkets’, maybe it should have been keeping its eye on Target. Because Target has now toppled Walmart as the low-price leader – at least temporarily. A new Bloomberg Industries report finds that Target had lower prices overall than Walmart this month, for the first time since last[Read More…]
All week, grocery shoppers in Hampton Roads, Virginia have been told that “exciting things are in store” at Kroger. Today, those “exciting things” have been revealed. “Announcing New Low Prices!” the store’s weekly ad blares. A store executive tells the Virginian-Pilot newspaper that Kroger’s seven local supermarkets are cutting everyday prices on more than 10,000 of the 28,000 items in[Read More…]
When we last left off, the nation’s number-one retailer had not weighed in on the proposed swipe-fee settlement. Now it has. In a statement released Tuesday, Walmart said it was “disappointed” in the settlement, because it would not “prohibit credit card networks from continually increasing hidden swipe fees, which already cost consumers tens of billions of dollars each year… We[Read More…]
It could cost you to use a credit card at Kroger soon. But Target says, not in its stores. Target has announced its opposition to this month’s multi-billion dollar settlement between retailers and credit card companies, which would allow retailers to pass on credit card “swipe fees” to their customers. Previously, retailers have had to cover the cost themselves, in[Read More…]
Are you still buying your groceries at a grocery store? How quaint! Supermarkets are poised to lose their position as America’s preferred grocery-shopping destination. And it’s not only big-box discounters like Walmart and Target that are taking their business. The Wall Street Journal reports that supermarkets’ share of U.S. grocery sales fell to 51% last year. And Forbes cites a[Read More…]
