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

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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