Fewer Choices, More Savings: The New Way to Buy Groceries

The average American supermarket now measures over 46,000 square feet—up from an average of around 35,000 square feet in the mid-90s. While most grocery store operations continue to focus on the super-mega-ginormous category, two value-focused chains—Aldi and Save-A-Lot—are going the opposite way, with stores typically under 20,000 …

2010: Huge Year for Coupons, Especially in the South

Coupon usage records were set last year in the U.S., with 332 billion coupons redeemed for a total value of $3.7 billion. And according to one popular coupon website, the South is home to the most frugal consumers: Half of the top ten cities for coupon usage are in the South, with Atlanta owning bragging rights as the Most Frugal City of all.

Why Google Still Needs “Adult Supervision”

In explaining his decision to pass the boss torch back to co-founder Larry Page, Google CEO Eric Schmidt tweeted that, ha-ha, “adult supervision” is no longer needed at the company that dominates internet search and advertising. And Google’s monster fourth-quarter earnings offer evidence that Schmidt is true to his tweet: profits …

Will Rising Food Prices Kill the Recovery?


Fish will cost you more in India (photo: Danish Siddiqui/REUTERS)

If food costs more, will you buy any less? Surprisingly enough, that simple question may be the key to whether 2011 sees a strong rebound in economic growth, or is, instead, a bust.

The issue is that raw food prices are indeed way up. Corn is at a two and a half year …

East vs West: Can’t we all just get along?

China announced on Thursday that its GDP in 2010 grew an astounding 10.3%. It’s just yet another sign (if we needed one) of how the global economy has actually become two, with each part heading in vastly different directions. One, the developed world, primarily in North America and Western Europe, with an occasional outpost elsewhere …

Profit Sinks: Has Goldman Lost It’s Magic?

Goldman’s CEO Lloyd Blankfein’s best profits may be behind him (Larry Downing/REUTERS)

Goldman Sachs, it appears, is no longer the finely honed money-making machine that is has long been. On Wednesday, the most envied, and hated, firm on Wall Street confirmed that its profits fell 52% in the fourth quarter of 2010, from a year ago. …

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