UPDATE: I just went and picked this deal up and I only had one coupon so I only picked up 4 bags of shredded cheese. However I was not able to use the coupon because there were two free items. They told me I would need to buy one more cheese to use the coupon. Either way I still got 4 bags of cheese for $5.18.
Warehouse Market ad states that Kraft chunks or shreds are Buy 1 Get 1 at $2.99. This makes each one roughly $1.50 each.
You can get an even better deal at Target this week by ad matching this deal. Make sure you print TARGET'S AD MATCH UP POLICY for this deal just in case your run into any trouble. Their ad specifically states:
Buy one, get one if the retail price is NOT shown in the advertisement.
Buy two, Get one FREE 6- to 8-oz. Kraft shredded cheese
Buy two, Get one FREE 7- to 8-oz. Kraft chunk cheese
Buy (6) Kraft chunk or shredded cheese or both @ 2.99 ea.
Use (2) Buy two, Get one FREE 6- to 8-oz. Kraft shredded cheese
= 2.99 or .49 ea!!!!
This is one crazy offer!!!