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Old 08-23-2019, 01:44 PM   #99
pwalker8
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Quote:
Originally Posted by rcentros View Post
Not arguing against your main point, but Whole Foods has kind of hit a brick wall. They're not dying, but they're not really expanding either. And now Amazon is cutting prices again (they had been creeping up).

https://www.cnn.com/2019/04/02/busin...zon/index.html

https://www.forbes.com/sites/panosmo.../#f80bd254b192
There are a lot of people who buy into the business model of expand until you collapse, but that doesn't seem to be a good model to me. I tend to look at it from the stand point of how crowded the store and parking lot are where I go. If a store has a solid and loyal customer base, then it's going to do well. Yea, the stock speculators are all about growth so those stock prices keep going up, but over expansion has destroyed a lot of companies. I do hope that Amazon understand that WholeFoods allure is customer service and quality food, not cheap food.
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