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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (61926)	5/10/2019 6:59:49 PM
From: Madharry	Read Replies (2) of 78728

I dont know much about the food industry but I live in tucson now. and am close to costco, walmart , traders joes and three different supermarkets. it would seem like these guys all have enormous pricing power. For examlne i went to a local restaurant had a coffee and the wife liked the coffee so much she bought a can of ground coffee form the restaurant at something like $10.50 for 12 ounces. I tried to get the same coffee on line at a cheaper price but couldnt find it. Then I go to Costco and see product from the same roaster that produced that brand for another coffee product 2.5 lbs for about $9. I tried it and no longer buy coffee from trader joes. all of which makes me astonished that beyond burger had such a successful ipo. Oh i forgot to mention i am close to Natural Grocers and Sprouts too. They have some great sales. Grouind grass fed beef $4 a pound for example. There is a whole foods near me but i dont even go in anymore. why bother?

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