Safeway supermarkets, facing a decline in same store sales, says it will be l

United States
January 9, 2009 10:49pm CST
Safeway supermarkets, facing a decline in same store sales, says it will be lowering prices in 2009, including on milk, and focusing more on store brands. http://www.walletpop.com/article/_a/bbdp/kellogg-raising-prices-on-cereal-pop/300079?icid=200100397x1216197725x1201112983 My question is why did they wait so long? If they can do it, then why didnt they do it before? It just goes to show you, they have alot of control in whats happening?What do you say
1 person likes this
10 responses
• United States
12 Jan 09
I think that some companies have control over some things, but not all. A business can only continue if you are bringing in more than you are spending. Some companies are having to raise prices because it is costing them more to get the items.
1 person likes this
• United States
13 Jan 09
Yes, thats true. I hate to see the gas prices going up because that wont help matters much! Apprecite the response.!
• United States
11 Jan 09
I wish we had a Safeway they don't exist anymore in Houston
1 person likes this
• United States
11 Jan 09
I do not think they exist here either....not anywhere close by me...lets hope more stores do lower prices and they are setting an example...
@apples99 (6564)
• United States
11 Jan 09
My family use to shop at Safeway a lot when we lived in AZ but that was a long time ago I think the reason there making the changes now is because maybe they see a decline in shoppers and they want to boost there sales I use to like Safeway and I still do.
1 person likes this
• United States
11 Jan 09
I am glad to see they are lowering prices and hope others will follow them. Appreciate the response.
@AmbiePam (45841)
• United States
10 Jan 09
We haven't had a Safeway in our area for fifteen years. I still remember when it went out of business. I didn't even know they were still around.
1 person likes this
• United States
10 Jan 09
Ambie, I just hope they really do lower prices but we dont have them close to where I live, well not in my driving range but at least it will help others.
@tyc415 (5706)
• United States
10 Jan 09
I wish we had a Safeway supermarket here. I have not been to one of those in a long time. I agree and it also shows that if they can do it then other grocery stores can do it also especially the big chain supermarkets since they order and buy in bigger volumes therefore they pay a lower price for the things to begin with.
1 person likes this
• United States
10 Jan 09
They should help the people. The people will remember who does what my friend,,, the eyes of the world are upon them.....
@jillhill (37354)
• United States
10 Jan 09
I think any corporation is going to try to keep up the profits as long as people buy at a certain price then they get what they want.....when people pull back and don't buy the products then they have to do something to make up for what they are losing....like us not driving as much when the gas prices got so high....they say that people haven't returned to driving as much so now there is too much oil again. They just want to line their own pockets with as much as they can.
1 person likes this
• United States
10 Jan 09
You are stating the exact truth. This post is exactly what it all boils down to. I certainly agree with you and very well written.
@us2owls (1681)
• United States
10 Jan 09
Well our local store here in Sheffield UK was Safeway when I first started spending time back here. I haven't come across one in the USA. The one near us here sold out to Tesco and I shop there quite often but find a lot of their prices overboard. I prefer Morrisons and when I am in the USA I do a lot of my shopping at Krogers and County Market stores along with Wal-Mart.
• United States
10 Jan 09
I guess we will see which stores can survive it all, and we will accept the ones who are left...Its so up in the air that anything can happen...ugh!
@wolfie34 (26881)
• United Kingdom
10 Jan 09
I didn't realize Safeways operated in other countries, here in the UK they went out of business some time ago now, I think Morrissons bought most of their shops and moved in but Safeways is no longer in the UK. I never did shop there I didn't like the stores to be honest and I much prefer Tesco or Sainsburys. They have to lower prices because of the competition, if their prices are too dear people will shop elsewhere, it's not like petrol we have no other alternative, with shopping thankfully we do!
• United States
10 Jan 09
They are doing it because they have to if they want to stay competitive and to stop from losing so many customers. With so many stores getting into the grocery market (our local Walmart just expanded to become a super store)the days of keeping your prices high are gone (that is if you want to stay in business). If they go out of business so many people lose their jobs which then causes them to not be able to buy the things they need.... It's just a vicious circle.
1 person likes this
• United States
10 Jan 09
You have described it all well. Stores are in trouble and the banks wont lend to the stores and if they close down then what,,,,one world order...?
• United States
10 Jan 09
Yeah, I have been purchasing store brand products since the "recession", oops, I mean depression...The reason for lowering prices is our government (you gotta love them) is not extending credit to grocery stores.I heard about the government not extending credit to supermarkets, but I can not find any articles on it. http://www.foodshortageusa.com/index.html
• United States
10 Jan 09
Really, I thought they were raising grocery prices so they can fail and the request a bail out too....ugh Wouldnt surprise me....well, why support food chains, they obviously dont think that country needs food....your right you gotta love em...ugh