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Is Not Making Enough Money Driving Our Future?

Touch the Soil News #1074 (Feature photo – Groceries – CCA SA 4.0 International) It is estimated that the investment universe in the U.S. is about $100 trillion – $70 trillion in loans/debt bonds and $30 trillion in stock companies. A large share of the debt bonds and stocks are held by large institutional investors. To make the point, United Natural Foods (a food distributor) announced that it was buying Supervalu (a grocery store chain). Interestingly United Natural foods is the already the largest supplier of natural foods to Whole Foods. So now it seems United Natural Foods needs their own grocery store chain to move product to make it…

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Campbell Soup Company CEO Suddenly Retires

Touch the Soil News #1020 (Feature photo – Campbell Soup Company Headquarters in Camden, New Jersey – GNU Free Doc License) When the top of a large corporation up and quits, there is generally more to the story. What happens to CEOs is often driven by stockholder expectations for more. If the CEO can’t deliver, they often get ousted or quit suddenly. In the case of Denise Morrison – who was CEO of Campbell Soup Company for the last 7 years – she retired abruptly on May 18, 2018. Campbell’s Soup Sales have nudged downward from around $8.3 billion in 2014 to $7.9 billion in 2017. However, even though sales…

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