That’s the headline on the front page of today’s Chicago Tribune. Naturally it’s considered a premium article so I can’t link to it: apparently the numerous subscriptions I buy aren’t sufficient. If you didn’t bother getting papers ’cause there weren’t any inserts, find the article and read…it’s pretty horrible.
deranged.me
The Dark Side of Couponing
Jana Partners wanted to be the next Ron Burkle(big
buddy of Bill Clinton and big investor in underperforming
grocery stores).
Grocery store chains historically only get bought out at 1 times sales because the operating margins are about 1 to 3%. I think they will be losing dinero on this transaction.