Capitalism, the profit motive and the free market at work again for the benefit of society.
Can't wait for NJ to respond by noting who quickly he gets his tax return back from his free market, private sector software sold to him at a profit. One day he will come to understand how the world works..........
Whole Foods Market is finally coming to terms with its image problem. The notion that its food is too expensive has kept a certain segment of grocery shoppers at bay, limiting the company's growth. In 2013 and 2014, sales and growth went from stagnant to outright bad. The company lowered growth forecasts three times in one year, putting the stock price in a rut that it's only now beginning to overcome.
That's why, under the threat of cheaper organic food options from lower-end grocers like newer competitors like Sprouts, the company has started cutting prices in cities across the country, according to the company's most recent earnings call.
http://qz.com/346246/whole-foods-finally-got-cheaper-and-its-working/
Can't wait for NJ to respond by noting who quickly he gets his tax return back from his free market, private sector software sold to him at a profit. One day he will come to understand how the world works..........
Whole Foods Market is finally coming to terms with its image problem. The notion that its food is too expensive has kept a certain segment of grocery shoppers at bay, limiting the company's growth. In 2013 and 2014, sales and growth went from stagnant to outright bad. The company lowered growth forecasts three times in one year, putting the stock price in a rut that it's only now beginning to overcome.
That's why, under the threat of cheaper organic food options from lower-end grocers like newer competitors like Sprouts, the company has started cutting prices in cities across the country, according to the company's most recent earnings call.
http://qz.com/346246/whole-foods-finally-got-cheaper-and-its-working/
