Today we picked up some Smithfield bacon (thick cut) at Grocery Outlet in Salinas for $2.29 for a 20 ounce package. The expiration date for the lot is 8/8/06. My mother has bought it here before and was really happy to see it back again.
Here's the product info -
Interestingly, using the retailer locater, I couldn't find a store that sells it in either San Francisco or Salinas. So this might be your best bet for buying some, and at deep discount to make it even sweeter.