and if you live in an urban or suburban area, chances are you've got a Trader Joe's somewhere near you. Walmart has long been known as a place where it's possible to snag cheap groceries. But why are the store's products so cheap compared to other, similar stores?

There are a variety of factors that contribute to the cheaper-than-average prices. Low operational costs are one such strategy, but so is lack of competition. Often, you'll find Walmarts in places where there aren't many other retailers to compete with. In smaller towns and more rural areas, Walmart may be one of the few places in town where it's possible to snag groceries.

Because the local population depends on the store, Walmart has a reliable customer base. This customer loyalty means that they don't have to charge quite as much for its food and other products. However, some of the chain's affordability factor comes from the fact that it doesn't pay its employees very much.

Human Rights Watch has outlined major issues with Walmart's labor practices , including encouraging employees to work off the clock and refusing to grant overtime.

Lidl is a grocery chain that was founded in Germany but can now be found in various towns and cities across the U. Like so many of the other chains on this list, this store keeps its prices low by limiting its name brand offerings and providing customers with store brands instead.

Additionally, it tends to stock products that people use on a regular basis — think pasta, canned tomato paste, and produce staples like cabbage and carrots — that often move in and out of the store pretty quickly. There aren't many products that are going to sit on the shelf for a long time, which means that the company isn't waiting around for a return on investment.

Plus, it takes less labor to run a Lidl than it would to operate a larger, more expansive grocery store. Fewer products means less need for a ton of workers, and the fact that the store displays its products in the boxes they're shipped in is just one of the ways the store cuts its labor costs.

For those with big families or just a lot of roommates , shopping at Costco seems like a no-brainer. The chain cuts down on costs by keeping its stores relatively simple — you'll notice the bare-bones design that's more about utility and function than it is about style and ambiance.

Meat and protein plus many prepackaged items are cheaper than average at Costco, even when you're opting for brand name items over the in-house Kirkland brand. If you know you're going to use these products anyway or you just remember to freeze them before you use them , doing a monthly shop at Costco might just save you some of your hard-earned cash.

Of course, we can't forget about the membership costs — you have to have a Costco card to shop at the retailer. But the savings you'll accumulate throughout the calendar year should more than make up for that cost. If you're lucky enough to live in the Northeast, you may just have a Market Basket near you.

The regional grocery chain is a fan favorite for those who love to save money on their grocery bill because of its surprisingly low prices. One of the main ways the company keeps its prices so low is by making sure it stays debt-free. While this may seem like a logical move, it's one that most companies — including most grocery chains — don't stand by.

Another way Market Basket offers such competitive prices is by offering pretty much the same goods at all of its locations. Because of this strategy, it can buy in bulk, ensuring a lower wholesale price.

It can then pass those savings on to its customers, who keep going back to the store to take advantage of those low prices. One of the main benefits of shopping at Market Basket is the fact that you can get a lot of your favorite name-brand products for significantly cheaper than you would find them at other grocery stores.

If you've never gone to a Market Basket before and you happen to live near one, you have to check it out — you may just be shocked at how low the prices are. Like Costco, Sam's Club is a membership grocery store with a focus on selling products in bulk.

When you're shopping this way, you may be spending more upfront, but generally, you're going to save money in the long run as long as you use what you buy. Of course, the membership cost of shopping at Sam's Club helps the company offer lower prices.

Although Sam's Club offers its membership prices for less than Costco does, you'll generally find lower prices on goods at Costco. But that doesn't mean you can't get a good deal at Sam's Club too. Particularly if you're a frequent shopper, you can save significantly on your annual grocery spending by shopping at Sam's Club.

But at the few stores that take them, such as WinCo , the savings can be significant. Few salvage stores accept credit cards, and some limited-assortment stores follow suit. Most stores pass these fees on to customers through higher prices.

By refusing credit cards, discount stores can keep prices lower. Some stores are starting to relax their no-credit policies. For instance, on my most recent trip to Aldi, I was able to pay with my credit card instead of having to use cash.

But to be on the safe side, bring cash or a debit card on your first visit to any new store. In most cases, the food is still safe to eat. For example, the U. However, if a can has a deep dent — big enough to lay your finger in — leave it on the shelf.

Deep dents can compromise the seal, letting bacteria in. The same guidelines apply to rust. A little rust on the surface that rubs right off is no problem. However, heavy rust can create tiny holes that admit bacteria.

Food in torn or dented boxes is also safe as long as the plastic bag inside the box is intact. Boxed foods with no inner liner, such as pasta, are OK if the box is only dented. Fresh produce at discount grocery stores is a mixed bag.

Even at big supermarkets, I often find a couple of mushy strawberries in a quart container. Food at salvage stores is often close to or even past the expiration date on the package.

Dates on food are there to assure food quality, not food safety. Most products, including canned and frozen foods, are still safe after any of these expiration dates. The only time frozen food might be unsafe is if it has been thawed and refrozen.

According to the Food and Drug Administration , drugs degrade over time. Any medicine past its expiration date may be unsafe or ineffective. Sometimes, you can do better at a regular grocery store by buying store brands or stacking sales with coupons.

The best way to spot the true deals is to keep a grocery price book. Salvage stores have a wide variety of brands on the shelves. When you find these, you can take the opportunity to stock up on your favorites.

Similarly, when you shop at limited-assortment stores, there are very few name-brand products for sale. To be on the safe side, buy the smallest package the first time you try an unfamiliar brand.

If you like it, you can stock up on it next time. Discount grocery stores are great places to stock up on goods you use a lot.

Their stock is ever-changing, so the product might not be there the next time you shop. But stocking up only makes sense for nonperishable goods or those you know you can use before they go bad. Simply order online and pay, then wait for your groceries to arrive at your doorstep.

Groceries are priced individually, just like at your local grocery store, and you can set how often a box shows up at your home. Customize your cart by choosing from a wide variety of products such as dairy and eggs, fruits and vegetables, pantry items, wine, deli selections, meat and seafood, bakery, coffee and tea, snacks and sweets.

Simply select how frequently you want to shop, customize your cart, and wait for your products to be delivered right to your door. Next time you make your weekly grocery list, think twice about where you plan to purchase those products.

While it may be more convenient to shop at the nearest retailer, it may not be the best option for your bank account. There may be also local grocery salvage chains near you worth checking out. Ultimately, the choice is yours. We cover every deal possible as long as we think it will be relevant to our community and readers.

Get all the latest deal news and sales info sent directly to your inbox from Slickdeals. SS by Slickdeals Staff February 05, Share on Twitter Share on Facebook Share on Email Share Advertiser Disclosure: At Slickdeals, we work hard to find the best deals. Top Grocery Deals You Can Shop Now Here are the top voted deals on grocery items available on Slickdeals now.

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These Are the 7 Cheapest Grocery Stores in the U.S. · 1. ALDI · 2. Woodman's Markets · 3. WinCo Foods · 4. Lidl · 5. Market Basket · 6. Grocery Best Discount Grocery Stores in the U.S. · 1. Sam's Club · 2. Costco · 3. Aldi · 4. Walmart · 5. Smart & Final · 6. Food4Less · 7. Publix · 8. Family Here Are The Cheapest Grocery Stores In America · Aldi · SOPA Images//Getty Images · Lidl · WinCo Foods · Market Basket · Trader Joe's

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1. Aldi · 2. Market Basket · 3. WinCo · 4. Grocery Outlet · 5. Save A Lot · 6. Lidl · Reducing your grocery costs The Five Best Apps for Cheap and Discounted Groceries · Imperfect Foods · Too Good to Go · Misfits Market · Hungry Harvest · Flashfood When companies or brands have an excess of product, we are given the opportunity to step in and purchase a selection of products at discounted prices. That: Reduced price groceries

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