date:May 14, 2014
rris Teeter cut prices on more than 1,000 items; this will go a long way in attracting more shoppers as compared to Safeway, which increased prices recently.
Safeway's moves
Safeway, the No. 2 supermarket chain, reported 1.8% year-over-year growth in identical-store sales as a result of a 1.6% increase in price per item in the first quarter of fiscal 2014. The persistent rumors regarding the acquisition of Safeway have been put to rest--it has been formally announced that Safeway will merge wi