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Larry Martino

Larry Martino

Larry Martino

Albertsons Or Smith’s: It Soon May Not Matter

Author Larry Martino

Do you buy your groceries at Albertsons or Smith’s? Well, it soon may not matter as Kroger (owner of Smith’s Grocery Stores) has proposed a merger with Albertsons and Vons.

According to an article posted by Greg Haas on 8NewsNow.com, the announcement about the proposed $24.6 billion dollar deal came Friday morning. Kroger has proposed to buy Albertsons stock in this merger, absorb those stores, and then what? I’m sure the press releases about the proposed deal are complimentary to both chains but you would have to think that since many of these stores are located a mile or two apart it means that they are competing for the same customers in the same neighborhoods. Would they continue to survive and thrive in this manner?

The grocery store business is built on three things: volume, volume, volume. According to Haas’s article, the two major grocery chains in the Las Vegas valley each have around 40 stores, and believe it or not, Walmart sells more groceries than Albertsons and Smith’s combined!

So, what is the strategy behind this proposed merger? According to Greg Haas’s post, if the deal is approved and completed, it would “better position Kroger to compete with Amazon and Walmart.” Once the pandemic hit, purchasing groceries became more about convenience than pricing or choice. Smith’s stores did begin offering store pickup and delivery services when the shutdowns began.

So does this buyout of Albertsons by Kroger/Smith’s mean Albertsons stores will begin closing around the valley? Or does it mean they will be repurposed? Only time will tell, but the fact is, with inflation cutting in to everyone’s grocery budget, price has once again become a major decision point for shoppers. Grocery prices jumped another 13% in September, so if this merger can help the supermarket giant lower prices for us, that would be great!

 

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Larry Martino is the long-time Afternoon Drive personality on 96.3 KKLZ. The views and opinions expressed in this blog are those of Larry Martino and not necessarily those of Beasley Media Group, LLC.

 

This Is The Highest Rated "Cheap Eats" Restaurant In Las Vegas

Who doesn’t love cheap eats?

Let us rephrase this. Who doesn’t love a cheap meal that tastes amazing?

As inflation creeps up, finding cheap eats is getting more and more difficult.

According to a recent report by the Associated Press, the Federal Reserve is expected to announce one of the largest interest hikes since 1994.

This is a bigger increase than previously projected, according to the AP, and is a signal that “the central bank is struggling to restrain stubbornly high inflation.”

Along with this, the cost of food has shot up, which means that everything in the supply chain will feel the affects from it. And trust us, our regular orders at our go-to places have increased in price! Consumers have also changed their shopping habits, especially at the grocery store, due to rising inflation, according to CNBC.

Plus, people are getting more concerned about food prices. In a survey conducted by The Harris Poll and Alpha Foods, 90% of Americans are concerned about food prices.

Prices of the foundations in the food pyramid such as meat, oils, grains and wheat have increased. And this is due to many factors such as the rising cost of fertilizer and energy, according to CNBC. There also have been food-export bans and disruptions from nations that supply wheat, oats, sugar, and palm oil, which are in most — if not all — foods.

With all of this being said, it’s harder than ever to find a cheap meal that satisfies our hunger.

And although Las Vegas is thought to be a city of exclusive dining and expensive restaurant bills, we’re here to prove this stereotype wrong!

Las Vegas is home to rich cultural communities with microcosms of authentic, local and cost-effective eateries.

In fact, Stacker created a ranked list of the highest-rated restaurants in Las Vegas that are listed as “cheap eats” on Tripadvisor. So, we knew that we had to highlight the top 10 that made the list.

Check out this list to see what eatery made the #1 spot for Las Vegas‘ best, cheap eatery.

Larry Martino has been the afternoon drive personality on 96.3 KKLZ since 2007. He is also Music Director and Assistant Program Director. He’s been a professional radio broadcaster since 1980, serving as on-air talent, Program Director, and Music Director during his career. As a content creator for 96.3 KKLZ, Larry specializes in writing articles about music, recording artists, movies, food/restaurants, and hockey.

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