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Dec 23, 2005 -- Supermarkets giving up on sales

Shopping in the supermarket has dropped off significantly. When buying groceries in the 90s, most people went to grocery stores. Today, people shop at the warehouse clubs and other alternative super stores likes Wal-Mart has. And, the third player in the game is a surprising one. Dollar Stores are starting to take market share away from supermarkets. As a result, grocery stores are no longer offering sales and “high-low pricing.” It was the way they used to make money, but it’s not working anymore. Stores are going to strictly low or discount pricing. They figured, as the saying goes, if you can’t beat ‘em, join ‘em. So, don’t be surprised if you see very few or no sales at the supermarket, and more people shopping at non-traditional stores.

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