business news in context, analysis with attitude

The Erie Times-News reports that Wegmans has announced that it will not “raise prices on 52 commonly used products through April 28 at least. The price freeze takes effect today and comes after Wegmans kept prices the same on 40 similar items in 2011 ... The 2012 list includes 27 of the same items on the 2011 list, including boneless chicken breasts, bananas and pasta sauce. New items include acetaminophen, wheat and whole-grain bread, and frozen fish.”
KC's View:
You got a winner, you keep working it. This has been a successful strategic effort for Wegmans, and I expect that the company will continue this approach until the economy turns prosperous.