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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>
>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.
. . support SPAM - fools use real email addresses in public forums.