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General Mills – A Giant with Problems

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Touch the Soil News #449 One of the sub-topics in the world of food and economics is that it is difficult to adequately translate one’s labor into sufficient dollars for all the basics. The ability to access basic things like a plot of land, seeds, inputs and water, in order to translate one’s labor into food, is no small benefit. The whirlwinds of uncertainty around General Mills and General Mills employees, reveals again why a more direct involvement in growing food is growing globally. Most folks are familiar with General Mills. Few, however, realize how many different brands General Mills owns. Some of the top brands include Betty Crocker, Yoplait,…

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When It Comes to Money – Are Grocery Stores Obliged to Sell Their Souls?

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Touch the Soil News #201 Recently, Whole Foods Market issued a press release announcing a net reduction in jobs of approximately 1,500 employees. Perhaps it is not a big number relative to 91,000 employees, manning 431 stores in 12 regions. The reasons given for the cutbacks include: Keeping prices low for customers Invest in technology upgrades Improving cost structure What does improving cost structure mean? Does it mean store prices, cutting jobs, having money satisfy stockholder demands? Asking these questions is not a criticism of Whole Foods Markets, which has tremendous responsibility to stockholders. Ditto for virtually every other publically owned or privately owned company. (photo courtesy of Raysonho -…

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