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Is Competition Really That Wasteful?

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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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Village Farms – The Changing Face of Fresh Produce

Photo courtesy of Village Farms

Touch the Soil News #170 Village Farms is one of the world’s largest greenhouse fresh-produce operations with some 250 acres of greenhouses under food production – tomatoes, cucumbers, peppers and eggplant. CEO Mike DeGiglio in a recent video explains that in the 1980’s only 1 percent of retail tomatoes came from greenhouses. Today roughly 80 percent of retail tomatoes come from greenhouses. Awsome is the reaction to these super-size greenhouses – (photo courtesy of village farms) Village farms boasts that its produce ripens on the vine longer, allowing natural sugars to develop and that they have the shortest times from hand-harvest to grocery store. Recently, Mike DeGiglio was interviewed in…

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The Once Mightiest of Grocery Stores is About to Slip into Oblivion

A&P_logo_pre-1975

Touch the Soil News # 124 For almost 60 years – from 1915 to 1975 – A & P supermarket was the nation’s largest supermarket chain. In its heyday, the company had 16,000 stores. The store was founded in 1859 as the Great Atlantic & Pacific Tea Company. The name was later shortened to A & P. A & P cashiers line up for store opening Today the A & P supermarket has only 320 stores and Bloomberg Business reported that the store was up for auction, but there were no bids. A & P told Bloomberg that: “No decision has been mad regarding a particular outcome, and it would…

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