Allow myself to announce the new burger wars (http://en.wikipedia.org/wiki/Burger_Wars) it is really a matter of the economy, but this is an attempt by Walmart to steal Wholefoods clientele, will it succeed? In a word, no, it will not. It is not enough items to be a draw to get Whole Foods customers to come over to Walmart. Unless they add a lot more items and things that people can really sink their teeth into, like organic beef or chicken, that would be a draw. The ambiance at Walmart is terrible, the customer service is almost non-existent, and there are not enough items. It is an interesting trend, you have Dunkin Donuts competing with Starbucks for their market share, Taco Bell going against McDonald’s in the food flavored, semi-edible, food like objects category. This should let everybody know that the economy is bad and it is only going to get worse in the near future, and their is no light at the end of the tunnel yet.
Remember, vote with your dollars and hit them where it counts, in the wallet. What kind of world are you investing in? What kind of world do you want to live in? I call this the battle of attrition. Everybody is going to take some hits. It is a matter of maximizing the damage to your opponent while minimizing the damage to yourself. It is a refreshing change from the status quo, but this is the free market at its best, if indeed it is still a free market….