Perishable Thoughts
We have run several pieces on the financial crisis, including the following: 1. Government Bailout Requires Deeper Analysis 2. Pundit’s Six-Point Proposal To Fix Financial Failures 3. McCain And Obama Make A Proposal — The Intellectual Bankruptcy Of Our Politics May Be A Bigger Problem Than The Financial Insolvency Of Wall Street There also is […]
Disputed Link To Aunt Mid’s
Cut Lettuce Reveals Need
For Industry Firms To Have
Easy Access To Top Epidemiologists
The papers have been filled with news reports indicating that Aunt Mid’s Produce Co. has been the source of an E. coli 0157:H7 outbreak — this one linked to distribution of foodservice or institutional size packages: The Michigan Department of Community Health recently issued a public health alert in response to an outbreak of illnesses […]
Special Report:A Triumph in Phoenix — Wal-Mart’s
Marketside Hits The Trifecta
One Open Question: Do Suburban Consumers Want Small Grocery Stores?
Marketside Hits The Trifecta
One Open Question: Do Suburban Consumers Want Small Grocery Stores?
After touring British retail operations — including those of Tesco and Wal-Mart — and speaking at the annual Citi Retail Conference in London, we zoomed into Phoenix to catch the unannounced “quiet opening” of Wal-Mart’s new Marketside concept. The official opening of the first four stores is today, October 4, 2008. We were hardly alone. […]
Tesco Puts Positive Spin
On Fresh & Easy Numbers
Tesco came out with its first hard numbers on Fresh & Easy, and the numbers don’t illuminate much. Tesco said it had 74 Fresh & Easy stores open as of August 23, 2008, and would have 200 stores open by February 28, 2009. However, there is no particular reason to believe the company will be […]
Perishable Thoughts —
Resolve To Succeed
With the economy on a tightrope and a recession in the offering, we are grateful to Scott Danner, Chief Operating Officer of Liberty Fruit Co., Kansas City, Kansas, for sending along this quote: “Always bear in mind that your own resolution to succeed is more important than any other one thing. “ — Letter to […]
McCain And Obama Make A Proposal — The Intellectual Bankruptcy Of Our Politics May Be A Bigger Problem Than The Financial Insolvency Of Wall Street.
It is a sign of the bankruptcy of our politics that both Senators McCain and Obama independently called for precisely the wrong change in FDIC insurance coverage. The Washington Post ran a piece entitled Obama and McCain Call for Increase in Deposit Insurance: In a moment of unintentional unity, Sens. Barack Obama and John McCain […]
Pundit’s Six-Point Proposal
To Fix Financial Failures
With the collapse of the Treasury Department’s proposed bailout plan, we have avoided, at least for the moment, a very unfair plan. As we mentioned in our last piece on the subject, which you can read here, the bottom line of the Paulson plan is that either the Treasury was going to buy assets at […]
Perishable Thoughts
A hat tip to Tim York, President of Markon Cooperative, based in Salinas, California, who sent a quote perfect for reflecting on a financial meltdown: “Success is a lousy teacher. It seduces smart people into thinking they can’t lose.” — The Road Ahead By Bill Gates, Nathan Myhrvold, Peter Rinearson Published by Viking, 1995 Page […]
Wal-Mart’s Marketside Format
Opens In Fresh & Easy’s Back Yard
Simultaneously with Tesco’s release of financial results that will provide some hard numbers on its Fresh & Easy chain, Wal-Mart will open the doors on its first four Marketside stores in the Phoenix area. Although British newspapers have portrayed the Marketside concept as a response to Tesco’s Fresh & Easy venture, we think that this […]
Despite Fresh & Easy Sales Growth,
Challenges Lie Ahead
Next week Tesco is due to announce financials, and it is expected we will get the first “hard numbers” on how the Fresh & Easy rollout here in the US is going. There is little question that Tesco’s efforts to boost sales have been met with some real success. Our best information is that Fresh […]