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138-year-old grocery store staple files for bankruptcy (Del Monte)
Channel 3000 News/CNN ^ | July 3, 2025 | CNN Bitter LOSERS

Posted on 07/03/2025 6:44:57 AM PDT by Diana in Wisconsin

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To: FreedomNotSafety

I know I’m stretching the principle a bit to make a point, but my point is that all businesses are on the road to non-viability. The only question that remains is when?


41 posted on 07/03/2025 9:53:29 AM PDT by fwdude (Why is there a "far/radical right," but damned if they'll admit that there is a far/radical left?)
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To: Bon of Babble

Oh, you betcha. ‘Sworn to Cheap Prices, Loyal To None!’

I have that Tattoo! j/k ;)

When Kwik Trip had Butter on sale for $2.99/# there was a limit of four. BUT - there are THREE Kwik Trips within driving distance, so I really stocked up.

I’ve always shopped that way. And when the kids were small, they knew the ‘Wrath of Mom’ would come down upon their heads if they TOUCHED her ‘Aldi Quarter’ in the ashtray in the car. ;) (For the shopping cart)


42 posted on 07/03/2025 12:15:32 PM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: PUGACHEV; wardaddy

Many professional Chefs swear by the San Marzano tomatoes for cooking. I have four San Marzano plants in the garden mix this season.

https://www.mashed.com/616705/how-lidia-bastianich-makes-the-perfect-tomato-sauce/


43 posted on 07/03/2025 12:18:57 PM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: Eurydice

How fun for you! :)


44 posted on 07/03/2025 12:19:57 PM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: DallasBiff

Green Giant has plenty of stuff in the frozen foods section DelMonte nothing so I imagine Green Giant will be fine!! I switched from canned to frozen decades ago!!!


45 posted on 07/03/2025 12:24:32 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell )
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To: Diana in Wisconsin

“Job growth was heavily concentrated in state and local government and in healthcare. A number of other sectors, including manufacturing and professional and business services, were flat or shed jobs.” - WSJ

No the type of job growth to be applauded.


46 posted on 07/03/2025 5:53:46 PM PDT by FreedomNotSafety
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To: Diana in Wisconsin

I think they are going out of business due to being bought by a leverage buyout company / private equity that borrows the money from a bank using the company as collateral so the company is now full of debt and the leverage buyout company sells off the profitable parts of the company and gets tax write-offs from the remaining bits. Think Sears & Kmart where one guy has destroyed both instead of being smart enough to be as big as Amazon.


47 posted on 07/04/2025 2:15:45 AM PDT by minnesota_bound (Making money now. Still want much more.)
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To: Eurydice

bttt


48 posted on 07/04/2025 2:24:14 AM PDT by linMcHlp
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