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Showing posts from May 4, 2017

4 Signs That Spell Doom For Traditional American Grocery Chains

by Tyler Durden

May 4, 2017 9:15 PM

The grocery business in the U.S. is, and always has been, a fairly miserable one. In fact, from A&P to Grand Union, Dahl's, etc., bankruptcy courts have been littered with the industry's failures for decades.

Of course the reasoning is fairly simple...razor-thin operating margins that hover around 1-3% leave the entire industry completely incapable of absorbing even the slightest financial shock from things like increasing competition or food deflation.

Unfortunately, the industry is about to undergo a series of changes that will likely lay waste to the traditional grocery store model. 

Here are a couple of the changes already in motion:

1. Increasing Competition From Large-Format Discount Retailers

While you would think that an oversupplied market with abysmal operating margins would be immune from massive new capacity additions, you'd be wrong. States all across the country added millions of square feet of grocery capacity in 2016.


The Former ‘It’ Spa for Hollywood A-Listers Tries to Reclaim Its Glory

Golden Door spa reimagines itself as a luxury respite.

Source: Golden Door
Michael Callahan

May 2, 2017, 4:00 AM PDT

It was the place for Hollywood to recede, refresh, and renew. Or more accurately, to drop out, dry out, and lose those stubborn last 10 pounds before the next project. Burt Lancaster, Bob Cummings, and Johnny Weissmuller went on hikes here; Marilyn Monroe, Elizabeth Taylor, Natalie Wood, Kim Novak, Barbra Streisand, and a thousand lesser lights hid out here. Aldous Huxley loved the mud wrap.

The place was the Golden Door, a 300-acre oasis in the desert hills of San Marcos, Calif., less than an hour north of San Diego. 

In 1959, Deborah Szekely and her husband, Edmund, a famous philologist and linguist, opened a mountain-lodge-meets-Japanese-tea-garden spa here, promising restoration and sanctuary. “In those early days, Golden Door was known as a fat farm,” says Susie Ellis, a former staff member and now chief executive officer of the Global Wellness Institute in Miami.