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Competition – Has Its Moments

Positive Future #35 (Feature photo – Rope Towing Competition – CCA SA 3.0 Unported) Competition generally is focused on competition for dollars. To the extent that this priority overlooks innovation has been a contention for years among progressive thinkers. Competition then has been criticized for embracing polluting technologies in favor of earnings. However, as public sentiments are precipitating political and global calls for change, some of the establishment is seeing that they need to change technology in order to compete successfully for dollars. It made news when car-maker Tesla opened the doors for orders of its new model 3 cars with a range of 220 miles to the charge. Estimates…

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Food Titans – Prepare for Battle

Touch the Soil News #725 We have all been taught that competition is good thing. Today it is not just about a better product or a better way to do things – it is often all and only about the money – regardless of the economic consequences to the nation and its working people. The ongoing consolidations in the grocery business, for example, have created huge Titans that are preparing for an economic battle. It is no longer about the big swallowing the small. It is about the big battling the big. When big battles big, the fallout can be more dramatic and happen more quickly. For example, it took…

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Duking it Out Update

Touch the Soil News #712 LIDL grocery store company is coming to America and opening its first nine (9) stores on June 15, 2017. We did an earlier news piece (#703 – Duking it Out) where we touched on the LIDL’s entry to the U.S. They plan to open some 300 stores in the next couple of years. The first nine (9) stores will be located in: North Carolina in the cities of Kinston, Greenville, Sanford, Rocky Mount and Winston-Salem. South Carolina in the cities of Spartanburg and Greenville. Virginia in the cities of Virginia Beach and Hampton.   LIDL, headquartered in Germany, has over 10,000 stores in 27 countries…

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Duking it Out

Touch the Soil News #703 Grocery stores are the realm of big capital. Unlike the small neighborhood grocers of 50 years ago, billions of dollars of investments have muscled into the backrooms of every grocery chain. Big investors have always warred against each other, but more aggressive incarnations are erupting in the grocery industry. As we speak, Canadian grocery stores continue to take a walloping from U.S. grocery giants that moved in. A recent story by the Canadian Press revealed that between 2004 and 2015, Canadian grocers lost over 11 percent of their market share to the likes of Costco and Wal-Mart. In the United States, American grocery stores are…

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Is Competition Really That Wasteful?

Touch the Soil News #525 In this era of less-than-abundant natural resources, it is not unusual to see vacant lots and perfectly good buildings sitting idle and just going to waste. Unfortunately with the emergence of idle facilities also comes the demise of jobs and companies that were occupying those facilities. As we have always said, the food chain is one of the more interesting places to gain economic insights about our lives and economics. Rather accidental, a handful of statistics about the restaurant sector has come into our hands that weigh in on the vacant buildings in cities. In recent months, 10 companies overseeing 17 restaurant chains have filed…

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