Weis Markets Lowers Prices on 2,600 Staple Items and Freezes These Lower Prices for 90 Days
December 31 2009 - 10:49AM
PR Newswire (US)
SUNBURY, Pa., Dec. 31 /PRNewswire-FirstCall/ -- Weis Markets, Inc.
today announced it has lowered the prices on 2,600 staple items,
effective December 31, and frozen these lower prices for 90 days
through April 1, 2010. It has also moved to freeze the prices on an
additional 624 products. "It is clear our customers remain in a
cautious mood due to the weak economy. Over the past year, our
Price Freeze program has generated $16 million in savings for our
customers," said David J. Hepfinger, Weis Markets President and
CEO. "With our current program, we have lowered the prices on
thousands of our products - and have committed to maintaining these
lower prices through the spring. As a result, we are able to offer
our customers consistent, long-term savings and values on the
products they are looking to purchase." The overall Price Freeze
item count increases to 3,224 products, up from 3,000, and includes
private label and brand name products in center store/dry grocery,
produce, frozen, dairy, meat, deli and bakery. The Price Program is
being promoted in Weis Markets' current circular, television and
radio ads. Throughout stores, customers will see Price Freeze
signage and shelf tags for participating items. Founded in 1912,
Weis Markets, Inc. (NYSE:WMK) is a Mid-Atlantic food retailer
operating 165 stores in five states: Pennsylvania, Maryland, New
Jersey, New York and West Virginia. DATASOURCE: Weis Markets, Inc.
CONTACT: Dennis V. Curtin of Weis Markets, Inc., +1-570-847-3636,
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