This is the type of seemingly dull news story to really pay attention to. It's the kind of story that doesn't get splashy headlines like the various lawsuits, fines and scandals do, but it will likely have more of a practical impact on everyone still working for the company. It's indicative that there's a lot going on behind the scenes at WFM. It's obvious the brand and the company is in deep trouble. Don't wait for the ship to sink, we all know it's taking on water, get in a lifeboat now. Get your CV out there now and start networking with people in other more stable companies or industries that you'd like to work for.
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I think we should just go more hybrid-conventional.ditch the holier than thou crap in order to be competitive..maintain a larger selection of organic and the such but bring in some regular grocery staples.i get people asking me for coca cola daily at my south florida store.we could make a lot more in margins and basket size.i also hear daily our customers saying"oh but we still have to buy publix to get x,y,and z.." so obviously we are losing points
Positioning self for merger or sale it appears through this exchange.
so either this means we are about to get bought or are acquiring another company? Or does that mean bankruptcy is on the horizon? Jesus.
an offer that a company makes to exchange its shares for those of the shareholders of another company that it wants to take over:
In a friendly merger, the smaller company can agree to make the share exchange offer for the larger company in order to maintain its stock market listing.
A situation in which a company, typically one that is bankrupt or nearly bankrupt, asks bondholders to exchange their bonds for new ones that typically pay higher interest rates but have lower face values. Often the maturity of the bonds is lengthened in the exchange offer in order to give the troubled company more time to fix its problems.
Sounds like it. Can anyone with any stock market or business chops help us decode?
Does this mean that they are in danger of needing to file for bankruptcy?
WIKI: An exchange offer, in finance, corporate law and securities law, is a form of tender offer, in which securities are offered as consideration instead of cash.
In a bond exchange offer, bondholders may consensually exchange their existing bonds for another class of debt or equity securities. Companies will often seek to exchange their securities to extend maturities, reduce debt outstanding or convert debt into equity.
Debt for equity deals often occur when large companies run into serious financial trouble, and often result in these companies being taken over by their principal creditors. This is because both the debt and the remaining assets in these companies are so large that there is no advantage for the creditors to drive the company into bankruptcy. Instead the creditors prefer to take control of the business as a going concern. As a consequence, the original shareholders' stake in the company is generally significantly diluted in these deals and may be entirely eliminated, as is typical in a Chapter 11 bankruptcy.
I still have no idea.
What does it mean?