WinCo Brings the Competition to Orem and Threatens Wal-Mart as the Low Price Leader

Filed Under (hot deals) by Jason L. on 26-10-2009

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A typical Wal-Mart discount department store i...
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Soon there will be another grocery store chain in Utah County. Yes I know, another one!

WinCo is the newest competitor entering the picture. Right now they are setting up shop on 8th North in Orem, in a massive¬† building under construction. I have learned some very interesting information just in the past few hours. It turns out WinCo may finally be the grocery store chain that can compete and actually beat Wal-Mart! I’ll be honest, I have no idea how they actually execute short term or even long term. All I know is what I’ve heard. Hint, it’s great for consumers!

WinCo has already entered the Salt Lake City area and has nearly killed Wal-Mart’s grocery business in nearby stores. WinCo is going to try and win your business by having amazingly low prices. Right now they are buying in product and then selling it below cost! I can’t imagine everything they sell is below cost, it just doesn’t make sense. However the person I talked to knows first hand that WinCo will buy a product in for $12 and then turn around and sell it for $9.99 simply to beat the competition.

Their stores are huge and resemble the Food-4-Less format. Unlike Food-4-Less however, they are extremely price aggressive. Their entire business seems to focus around price. Bag your own groceries, shop in a warehouse, pull product right out of the cardboard. They know people will do anything to save money.

Time will only tell what happens to the business strategy of Wal-Mart, Smith’s, Macey’s, Albertsons, Dan’s, Buy Low, and any other grocery store chain I may have forgotten to mention in Utah County. All I have to say is I’m excited for anything which creates competition and threatens the ‘all powerful’, ‘amazingly untouchable’ stores. *cough* Wal-Mart *cough*

It looks like you can find more information about openings and employment on twitter at http://twitter.com/wincofoods

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Groceries too expensive to eat?

Filed Under (Personal) by Jason L. on 11-04-2008

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Example of an American grocery store aisle.Image via WikipediaYesterday was the first time that my wife and I have really gone shopping in over two months. I checked my MS Money file and we haven’t spent over $20 since February! So we get ready to go to the store, but first I want to check out this website pinchingyourpennies.com They have all the top deals at local grocery stores for nearly every state the United States. If you haven’t been there before, check it out. We check the ads for Albertsons, Smiths, and Maceys grocery stores. I print out several sheets of coupons and arm myself with the ‘on sale’ list from each store. Those that know me know that I rarely pay regular price for anything. If we go in and grape juice sounds good, but it is not on sale, we don’t buy it.

The first product worth mentioning is yogurt. Is there a shortage of cows? Some organization isn’t releasing enough ‘moo juice’ through the pipeline? I don’t think so. Apparently the increase of the cost of fuel makes a 6 oz. Yoplait Yogurt 80 cents! All I can say is if you are really thinking of selling these for 80 cents, I would condense the shelf space. No one is going to spend this on your product in a recession economy. I have to save my dollars to buy gasoline and heat my home.

Next is milk, $2.99 a gallon at the cheapest; gas stations are selling it for less, c’mon!

We walked away spending just less than $80 on several bags of groceries. We got a ton of cereal, granola bars, snacks to bring to school and other staples we were out of like milk and bread. I know that nearly everyone out there spends more on food, just remember we are never home. This is like the food that you would buy for a vacation house. Vanessa would be happy to know that we believe there is about a months worth of food in our house now.

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