The leadership had to cook up some stories before reporting Q4 numbers because they knew it was going to be a blood bath. They had to come up with the "1500 layoffs" and then invest money in "theoretical" technology and got Cramer to beat the drums for them. Abandoned "Value matters" campaign. The reality is that the competition will keep putting more heat on them as customers become more aware of numerous shopping options. "Price" can never be a differentiator in a competitive environment because products can easily be substituted.
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whats up with the potted orchids at my store going from 19.99$ each to 25$..i thought we were lowering prices...??
Well written piece. I wanted to compare the price of eggs at Wholefoods and Publix today. With a discount the wholefoods price matches that of Publix (without any coupons). Publix store is 0.5miles from my house and I get $5 off coupon if I buy more than $25, the closest Wholefoods is 15 miles. Do the maths!