Attempts to Trim the Fat Merely Cut at the Meat


	Attempts to Trim the Fat Merely Cut at the Meat

jasontromm

3-30-2007 12:51 PM

330 views

tags:

groceries, giant, market

jasontromm says:

Rather strong words. Does he have a point or is he just a liberal columnist trying to stir up controversy?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/8497ceb8-37df-4d05-9412-30f7965463c2/6A164DD1-6DEA-4BDF-B976-B8A8FA9AD19F/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.washingtonpost.com/wp-dyn/content/article/2007/03/29/AR2007032902090.html?sub=AR" href="http://www.washingtonpost.com/wp-dyn/content/article/2007/03/29/AR2007032902090.html?sub=AR" style="font-size: 11px;">www.washingtonpost.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.washingtonpost.com/wp-dyn/content/article/2007/03/29/AR2007032902090.html?sub=AR"><P>Add to your list of dumb business moves two announced by area companies in the past week:</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.washingtonpost.com/wp-dyn/content/article/2007/03/29/AR2007032902090.html?sub=AR"><P>Giant Food, the region's largest grocer, said it would eliminate fish counters at 50 stores -- ones with fresh fish arranged neatly on ice, with someone behind the counter. Instead, the fish will be packaged and offered in refrigerated cases, next to the chicken and pork chops.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.washingtonpost.com/wp-dyn/content/article/2007/03/29/AR2007032902090.html?sub=AR"><P>What we have here are the latest examples of what happens when you subject retail organizations to the incessant demands of Wall Street to produce not just good long-term value for shareholders but an unbroken string of double-digit earnings growth. It's also what happens when you put financial people, rather than merchants, in charge of a store.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/6A164DD1-6DEA-4BDF-B976-B8A8FA9AD19F/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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