Showing posts with label groceries. Show all posts
Showing posts with label groceries. Show all posts

Monday, November 20, 2017

10 Ways My Wife And I Cut Our Grocery Bill By 75 Percent

10 Ways My Wife And I Cut Our Grocery Bill By 75 Percent

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My wife and I own two homes and live two lifestyles. One homesteading and one suburban. Here’s how we borrowed the best from homesteading to save money, especially on our grocery bills.


The Homesteading Life


We have a cabin in Michigan. It’s on 80 wooded acres in the Manistee National Forest on a trout stream. We heat the house with wood, hunt and fish, garden aggressively, have 50 fruit trees planted on the property, wild forage and practice a range of food preservation techniques. Our grocery food purchases are next to nothing, with the occasional purchase of coffee, flour, sugar, salt, some meats, milk and butter. I guess you could say we shop like Alaska sourdoughs putting together a grubstake.


The Suburban Life


We also have a home in the suburbs in Northern Illinois about 30 miles west of Chicago. I was an advertising consultant and my wife a nurse and soccer mom. For some reason we were walking away from the homesteading discipline when we returned to our suburban home — and the grocery bills soared. It was some time ago that I decided to do something about that and apply some of the disciplines of homesteading to our suburban retreat. It took some time, but the lessons and practices we learned while in Michigan made the process much faster. Here’s what we did:


1. Fruit trees. When it came time to plant trees in the yard, we skipped the ornamental trees and instead planted fruit trees, including apple varieties, pear trees, peach trees, a mulberry tree and some wild plum trees. It took a while, but once they started to bear fruit we actively ate the fruit and practiced various fruit preservation practices.


2. Vegetable gardening. We aggressively turned the soil in our backyard to make a very large garden. Instead of spending all of our time, energy and money on traditional flowers in our flower beds, we planted certain vegetables. To improve the appearance of those flower beds, we planted edible, ornamental peppers, blueberries, wild strawberries, heirloom tomatoes, kale, broccoli and cauliflower. My wife still planted some flowers like daffodils and tulips, but there were just as many if not more ornamental vegetables.


3. Herb gardening. The cost of herbs at the grocery store is ridiculous. I’ve seen prices as high as $5 for a tiny jar. We haven’t bought herbs at the grocery store for years and once again, we not only planted a dedicated herb garden with perennial herbs, but planted annual herbs in the flower beds. We particularly like the flowering herbs in the flower beds like oregano, chives, garlic and chamomile interspersed with parsley and thyme as a ground cover. Be careful with the chamomile, though. It spreads like wildfire from reseeding.


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The dedicated perennial herb garden contains lemon balm, tarragon, rosemary, lovage, more chives, garlic, lemon balm and marjoram. There are more herbs we could plant, but those are the herbs we like and use.


4. Wild foraging. We live next to a large forest preserve and wooded areas and fields abound around our suburban home. My grandfather introduced me to wild foraging when I was 7, and I’ve continued to learn and forage ever since.


Our foraging includes picking black raspberries, blackberries, wild plum, dandelion leaves and crowns, fiddlehead ferns (they taste like asparagus), morel and giant puffball mushrooms, various parts of cattails, milkweed pods for stuffing, goldenrod flower tops and blackberry leaves for two of the best teas I’ve ever tasted, acorns, black walnuts and chestnuts, red sumac berries for seasoning, purslane, clover for teas and salads, and the list goes on. If you take the time to do some research and actively observe and experiment, you’ll find wild plants that can supplement every meal.


5. Chickens. I was surprised to learn that a chicken coop was permitted in the suburbs of Chicago. We do about a dozen chickens a year and haven’t bought eggs for quite some time. We do the same at our cabin, but it was nice to know we could do it in the suburbs, as well. It’s a little alarming to my neighbors when I pull a chicken and pluck and dress it in the backyard, but after bringing them a fresh, free-range chicken a couple of times, they calmed down.


6. Hunting and fishing. It’s a really bad idea to walk around the suburbs of Chicago with a rifle in your hands, but no one has a problem with a guy and a fishing pole. I avoid the rivers. They’re notoriously polluted, but many of the lakes are clear and clean. I usually catch bass, catfish and panfish, and we’ve managed at least two meals a week from my fishing forays which I really enjoy.


7. Bake and cook it yourself. I’m a certified chef, and I bake three loaves of bread a week in addition to cookies, pizza dough and pasta, cakes and breadsticks, hamburger buns and hot dog buns. My wife makes pies from scratch and is a master candy maker. I’ve made ice cream from milk and, of course, apple cider and apple cider vinegar from our apple trees.


8. Can it! We’re both experts at preserving foods through the canning process, and every fruit and vegetable in our yard gets canned and then properly stored for later use. I’ll also bring the leftover canned goods from Michigan when we head back to civilization. We’re also very proactive when it comes to making jellies and jams from the various fruits in our yard and the surrounding forests and fields.


9. Preserve it. We dehydrate a lot of fruits and vegetables, and it couldn’t be easier. Just wash and slice, put into the dehydrator and go do something else for a few hours. We also dehydrate herbs at the end of the season for use all-year-round. We don’t preserve too much fish and game because I never seem to catch that many fish, and then there’s that rifle thing in the Chicago area. However, I have smoked some of our chickens.


10. Waste not. I taught a cooking class once called “the leftover gourmet.” The unfortunate fact is that Americans throw away 40 percent of their food. I’m very proactive about using leftovers the next day, and it’s not about microwaving. I treat any leftover as a new ingredient that can be modified, changed and improved with the addition of other ingredients. I also keep a close eye on fresh produce, but having the garden makes it easy to always find something same-day fresh.


My family has actually found this approach to our suburban life to be interesting and fun. My older kids like it because they can see the healthful and organic benefits of growing, raising and making your own rather some of the grocery store offerings. For me, that’s all good, but what I like the best is I cut that grocery bill by 75 percent!


What advice would you add? Share your tips in the section below:

Monday, August 28, 2017

Amazon’s Acquisition: Deep Discounts Coming to Whole Foods Today

When Amazon’s $13.7 billion acquisition of Whole Foods becomes final on August 28, 2017, shoppers will immediately see deep discounts on a plethora of items, including salmon, avocados, baby kale, and almond butter – all products that are normally rather pricey, regardless of where you shop. [1]


The following week, look for dropping prices on bananas, eggs, ground beef, rotisserie chicken, butter, and apples.


In a joint statement released August 25, 2017, Amazon and Whole Foods said:




“The two companies will together pursue the vision of making Whole Foods Market’s high-quality, natural and organic food affordable for everyone. Whole Foods Market will offer lower prices starting Monday on a selection of best-selling grocery staples across its stores, with more to come.”



One strategy consultant who previously worked for Amazon in its grocery business expects Whole Foods prices to drop 15-25% in some categories. [2]


Amazon said customers will continue to see prices slide at Whole Foods stores, and Amazon Prime members will eventually see some special discounts not available to other buyers. Analysts say about 70% of Whole Foods shoppers are also Amazon Prime members. [1]


Amazon Prime offers customers faster shipping, video streaming, and other benefits for $99 a year. [2]


Jeff Wilke, chief executive of Amazon Worldwide Consumer, said in a statement:



“Everybody should be able to eat Whole Foods Market quality — we will lower prices without compromising Whole Foods Market’s long-held commitment to the highest standards. There is significant work and opportunity ahead, and we’re thrilled to get started.” [1]



Whole Foods has a reputation for being, eh, pretty expensive. The chain earned itself the nickname “Whole Paycheck” because of its high prices.


There are also a few examples of some rather ridiculous products with ridiculous price tags. A good example is its asparagus water – a bunch of asparagus stalks in a bottle of water that went for $6. The grocery chain eventually pulled the product after receiving a good bit of backlash from customers.


According to Morgan Stanley, Whole Foods’ prices are about 15% higher than at the average grocery store. By immediately cutting prices, analysts say, Amazon is making it clear that major changes are on the horizon, and it doesn’t mind temporarily cutting into profit margins.


Michelle Grant, head of retailing at Euromonitor International, a London-based market research firm, said:



“Amazon is playing to its strengths here. Obviously the low-cost approach is in Amazon’s DNA, and it’s something Whole Foods has been struggling with for a quite some time.”



Jeff Wilke, the executive who runs Amazon’s consumer business, said:



“We’re determined to make healthy and organic food affordable for everyone. Everybody should be able to eat Whole Foods Market quality.” [2]



Sources:


[1] The Washington Post



[2] The New York Times



Storable Food





About Julie Fidler:
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Julie Fidler is a freelance writer, legal blogger, and the author of Adventures in Holy Matrimony: For Better or the Absolute Worst. She lives in Pennsylvania with her husband and two ridiculously spoiled cats. She occasionally pontificates on her blog.

Thursday, May 18, 2017

The Germans are coming — and their groceries may cost up to 50% less than Walmart

Back in February we reported that as America’s deflationary wave spread through the grocery store supply chain, the scramble for America’s bottom dollar was on, and it prompted America’s largest low-cost retailer Wal-Mart to not only cut prices, but to squeeze suppliers in a stealthy war for market share and maximizing profits, a scramble for market share which is oddly reminiscent of the OPEC 2014 price fiasco and is certain to unleash a deflationary shock across wide portions of the US economy.


As Reuters reported at the time, Wal-Mart had been running a “price-comparison” test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi and domestic rivals like Kroger. Citing vendor sources, Reuters said that Wal-Mart launched the price test across 11 Midwest and Southeastern states such as Iowa, Illinois, and Florida, focusing on price competition in the grocery business that accounts for 56% of the company’s revenue.



Notably, while Wal-Mart was considering cutting prices to match its competition, the near-monopoly retailer was also seeking offsetting cost cuts from its own vendors, in what could lead to a deflationary shock that would ripple across the entire US grocery store supply-chain, with dropping prices leading to margin collapse inside the entire industry, and eventually a default domino effect.


And, as we also reported, as part of the relentless competition among the largest grocers Wal-Mart would have no choice but to proceed with even more aggressive price cuts in the future. The reason for this is that Germany-based discount grocer Aldi had emerged as one of the relatively new rivals quickly gaining market share in the hotly competitive US grocery sector, which already boasts Kroger, Albertsons Cos Inc and Publix Super Markets as stiff competitors on price.


A second Germany-based discount grocer, Lidl, was planning to enter the U.S. market this year, which together with German Aldi would pose a serious threat to Wal-Mart’s U.S. grocery business.


Now, thanks to a follow up by Reuters, we can safely assume that the upcoming grocery price war is about to turn nuclear because the abovementioned German discount grocery chain Lidl, which is opening its first U.S. stores this summer and is eager to capture US market share at all costs, said its products would be up to 50% cheaper than competitors… which are already caught up in a margin-crushing price war.


“This is the right time for us to enter the United States,” Brendan Proctor, chief executive officer for Lidl U.S., told Reuters at a media event in New York late on Tuesday. “We are confident in our model. We adapt quickly, so it’s not about whether a market works for us but really about what we will do to make it work.”


And as the first order of business, what Lidl will do is generate huge losses by massively undercutting prices in hopes of capturing market share from established names like Walmart, Kroger, and Albertsons. Think Uber but for grocery stores.


There is already a case study of what happens next, should the two German invaders prove successful. Lidl, which runs 10,000 stores in 27 countries, and German rival Aldi Inc have already upended Britain’s grocery retail market, hurting incumbents like Tesco Plc and Wal-Mart Stores Inc’s ASDA supermarket chain.


Looking ahead, Lidl said it would open its first 20 U.S. stores in North Carolina, South Carolina, and Virginia, starting on June 15. Eighty more will follow in the United States within the first year, which Procter said would create 5,000 jobs. Analysts cited by Reuters estimate the company will have more than 330 U.S. stores by 2020.


The stores will be 20,000 square feet in size and have only six aisles. The retailer’s in-house brands will account for 90 percent of the products.


And while the latest German invasion may lead to dramatic changes within the hierarchy of established US grocers, one thing is certain: the US consumer is about to be the biggest winner yet again, as prices for (subsidized) groceries are about to plunge across the nation.


Via Zero Hedge


Featured Image: Mike Mozart/Flickr