Grocery store chain Weis Markets (WMK -0.3%) decides to freeze prices for 100 days to...

|About: Weis Markets Inc (WMK)|By:, SA News Editor

Grocery store chain Weis Markets (WMK -0.3%) decides to freeze prices for 100 days to commemorate its 100th anniversary. The mid-sized company says it has locked in savings from strategic early buying, but that's not the story at all from larger chains such as SWY, SVU, and KR where the perfect storm of higher food costs and competitive pressure from big box retailers has been hitting bottom lines.