You play in a market place where things get over and under priced. I
do not recall saying WFMI is not overpriced. It is. Problem is that
you are fighting a loser battle if you think your opinion is worth
more than 2 cents in the real world. You are fighting a defensive
business into which flows money afraid of betting on GM , F and their
suppliers. OATS has a ton of debt. Safeway's are big markets meaning
higher rent meaning they must move a certain amount of goods every
week IOT pay the rent, air conditioning, and other overhead.
Have you ever visited a WFMI market?
arthur
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Quoted message said:If this statment is true, why don't they just rasie the price 5%, it'll
bring the profit to 8%.Each WFMI store is valued at $40M. Each OATS store is valued at $5M.
Each Kroger store is valued at $6M. Each safeway store is valued at
$7M.Is WFMI really worth 6-10 times of its peer group?
When the realization hit the fan: WFMI is a low margin businese, I
don't want to hold the bag.
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support SPAM - fools use real email addresses in public forums.