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Supermarkets Slash Prices

Deflation stalks the aisles; Safeway cuts below profit point

By Jason Farago, Newser Staff

Posted Sep 17, 2009 7:32 AM CDT

(Newser) – Americans are getting a big break on the price of food, as the recession drives down the cost of wheat, milk, and other staples, and supermarkets fight feverishly for sales. After a year of dramatic increases, commodities are way down—the price of corn, for... Read full story »

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Supermarkets Slash Prices

Deflation stalks the aisles; Safeway cuts below profit point

recession • consumer spending • supermarket • deflation • food prices • commodities • retailers

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More Newser Stories

Restaurants, Retailers Gulp as Consumers Tighten Belts

Penny pinchers shifting to generics, eating in

Rebate Checks Go to Gas, Food, Looming Debt

Extravagant spending sprees at the mall? Not so much

Next 12 Months: No Recession, but Slow Growth

Risk of recession at 26%; unemployment likely 9% at year's end

Brace Yourself for Even Worse 2nd Recession

Could devastate a still-ailing economy, writes Catherine Rampell

Recession Worse Than Thought; GDP Growth Weak

Economy grew just 1.3% over past three months

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