Word: supermarketeers
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...lunchtime at the Whole Foods supermarket in Plano, Texas, as artist Raquel Brownfield, 57, pulls into the parking lot in her red BMW roadster. She is about to enter foodie heaven: a grocery store brimming with everything from fresh organic produce and dried beans to slabs of hormone-free beef and boysenberry pies. "I usually go in thinking I'm going to spend under $30," says Brownfield, who visits the store a couple of times a week, "but I spend between...
...grocery chains are as clever as Whole Foods Markets at enticing shoppers to gorge on fancy fare. With $2.3 billion in revenue and a 20% profit surge last year, Whole Foods trounced its rivals in the conventional-supermarket business; most of them muddled through with 1% to 2% sales growth. Whole Foods, though, doesn't sell just groceries. It offers something more ethereal: a feeling of healthy chic that pervades its stores and products and rubs off on customers. Even if you're buying fat-marbled T-bones and Camembert cheese, you're surrounded by colorful fruits and vegetables...
FUND MANAGEMENT Investors Stake Their Claim The relationship between fund manager and client continues to take a litigious turn. Last week, the investment bank Merrill Lynch & Co. settled a dispute with the British supermarket group J. Sainsbury over alleged mismanagement of Sainsbury's pension fund. The undisclosed settlement helped Merrill avoid a repeat of its court battle last year with Anglo-Dutch concern Unilever, also over pension fund mismanagement. In that case, Unilever had alleged that returns on its pension fund had trailed the market by an amount larger than was permitted under the terms of its contract with Mercury...
...saying something that it exceeded my anticipation? It is impossible to exaggerate the supermarket of crime. It's greed on steroids...
...ready to be a vegetarian, but America's farmers, food producers, restaurants and supermarkets are not prepared to support me. It's much easier and less expensive to get a hamburger at McDonald's or Chinese takeout or a roast chicken from the supermarket than it is to take the time to shop for, assemble and cook a tasty, nutritious and fulfilling vegetarian meal. JEFF BRENNER New York City...