Introduction
Grocery shopping can be expensive, especially when you’re trying to stick to a budget. But one popular low-cost grocery chain is raising its prices, and it could mean a bigger dent in your wallet. Eat This Not That is here to help you navigate the changes and find the best deals on groceries. We’ll provide you with tips on how to save money while still getting the food you need. We’ll also tell you which items are worth the extra cost and which ones you should avoid. So, if you’re looking for ways to save money on groceries, read on to find out how this low-cost grocery chain is raising its prices.
This Low-Cost Grocery Chain Is Raising Its Prices — Eat This Not That
Grocery shoppers are in for a shock as one of the nation’s leading low-cost grocery chains is raising its prices. Aldi, the German-based discount grocery store, is increasing prices on some of its most popular items, including produce, dairy, and meat.
The price hikes come as the chain is expanding its selection of organic and specialty items, as well as adding more fresh produce and prepared foods. Aldi is also investing in store remodels and new technology to improve the customer experience.
The price increases are expected to be modest, but shoppers should be aware of the changes. Here are some tips on how to save money at Aldi while still getting the same quality products:
- Look for store brands. Aldi carries a variety of store brands that are often cheaper than name-brand items.
- Buy in bulk. Aldi offers discounts when you buy multiple items of the same product.
- Take advantage of Aldi’s weekly specials. Aldi offers weekly specials on select items, so be sure to check the store’s website or app for the latest deals.
- Bring your own bags. Aldi charges for bags, so bring your own reusable bags to save money.
- Shop the perimeter. Aldi’s fresh produce, dairy, and meat are located around the perimeter of the store, so focus your shopping there.
Aldi is still a great place to shop for low-cost groceries, but shoppers should be aware of the price increases and take steps to save money. With a little bit of planning, you can still get great deals at Aldi.
For some grocery stores—like Save A Lot, Shop Rite, Grocery Outlet, and more—what they sell and how can all be found in their name. It’s the same case for Dollar Tree, a discount grocery and variety store that’s been in business for over 60 years. The low-cost chain sells food items like cereal, spices, baking mixes, canned goods, condiments, and more. However, Dollar Tree’s token $1 pricing on all items is about to go up to $1.25, the company recently announced.
In the 35 years its been offering items for $1, Dollar Tree has navigated through rises in inflation, and although the company says this new price hike isn’t in response to events of the past year (such as supply chain issues), it does come at a turbulent time.
Related: Grocery Shoppers Say These 5 Items Are Cheaper Than Meat Right Now
“[T]he Company believes this is the appropriate time to shift away from the constraints of the $1.00 price point in order to continue offering extreme value to customers,” Dollar Tree explained in a press release. “This decision is permanent and is not a reaction to short-term or transitory market conditions.”
Dollar Tree says the price hike will allow the company to keep up with wage increases, expand its product offerings and sizes, as well as bring in items that were previously discontinued because of the limitations of the $1 price point.
“The new price point will enable Dollar Tree to return to its historical gross margin range by mitigating historically-high merchandise cost increases, including freight and distribution costs, as well as higher operating costs,” the chain said.
Starting this month, customers at 2,000 locations will have to pay the extra 25 cents for items at 2,000 Dollar Tree locations. A full rollout to all locations is expected by the end of the first quarter of 2022.
When surveyed about the additional cost, 91% of shoppers said they would still shop at Dollar Tree with the same or more frequency, the company says.
This isn’t the only place grocery shoppers will have to shell out more cash—supermarkets across the country are seeing the effects of inflation on their grocery bills, and unfortunately, prices will continue to spike, this grocery chain says.
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