Word: chaine
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Whole Foods now has 190 locations from Tigard, Ore., to Notting Hill in London. In fiscal 2006 the chain's sales grew 19% (to $5.6 billion), a bit lower than 2005's 22% growth. Fretful about increasing competition from mainstream grocers who are offering more organic products, investors have punished Whole Foods in the past year; its stock price has fallen more than a third since February...
...enough to drive McPhee, a Los Angeles--based real estate developer, to take drastic action. On Valentine's Day he plunked down $7,500 for a three-day intensive golf fantasy camp at the Titleist Performance Institute (TPI) in Oceanside, Calif. "They are the top of the chain when it comes to breaking down your swing," he says. And break it down they did. McPhee was filmed, hooked up to electromagnetic sensors, put through a fitness and flexibility challenge and even asked about his eating habits. And, oh yes, he hit bucketloads of balls...
...This chain reaction plainly demonstrated the increasingly prominent place China now occupies in the minds of global investors. Its extraordinary economic rise has been a key reason for soaring demand for everything from copper to oil to cars, much to the benefit of multinational and Chinese companies alike. But while investors are right about China's economic importance to the world, they're clearly still confused about how to interpret a decline in Chinese stocks. There's little question that the reaction to China's market swoon was overwrought, and that this is not a replay of 1997. Rarely...
...ruefully says now). All that changed when he became involved in radical environmental projects - what he calls his "restoration work," returning native animal and plant species to the nation-sized swaths of property he owns. He and his wife Kristine McDivitt, a former CEO of the Patagonia clothing retail chain and wealthy in her own right, believe in deep ecology, a severe branch of the movement that believes in restoring the original ecological balance of the earth. Tompkins is fond of reminding listeners that unless runaway consumerism is halted "we humans will be building ourselves a beautiful coffin in space...
...amphibians. Also, the land has been environmentally degraded and many of the indigenous animals, such as jaguars, have disappeared." Tompkins is slowly reintroducing this native fauna. "We've started with the marsh deer. Eventually we'll be able to reintroduce the jaguar, the top of the food chain." For the moment, though, Tompkins will have to watch out for politcal predators in Buenos Aires...