Marvelous Girl Has Moved!

Save big on Memorial Day groceries

Posted on: May 21, 2009

memorial spending

This Memorial Day it’s all about savings, as consumers look to cut costs while still maintaining a fun three-day weekend.  Fortunately savvy shoppers, who purchase store brands over brand-name products, stand to save 16.3 percent on their total holiday grocery bill, according to IBISWorld research to the left.

“In essence, store brands turn the clock back two to three years,” said Toon van Beeck, senior analyst with IBISWorld. “Without inflation, store-brand groceries this Memorial Day weekend are comparable in price to brand-name groceries during the 2007 holiday.”  

 Based on the average holiday shopping cart above, the 16.3 percent savings puts about $10 back into consumers’ pockets.  That means with approximately 117,641,000 households in the U.S., the nation could save about $1.18 billion if everyone celebrated Memorial Day in the same fashion and went the store-brand route as opposed to the brand name route.

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