Whole Foods Chief Exec has Ratner moment
Posted on 5 August 2009 by
The headline of the lead story in tonight's Evening Standard is “We sell junk says boss of organic stores.”
As an American, Whole Foods Chief Exec, John Mackey, may not be aware of Gerald Ratner’s infamous reference to the jewellery his stores sold as being crap, but I suggest this comment could have a similar impact on his already struggling stores, which only a few days ago reported massive losses. Admitting to selling junk is bad enough but when it is very expensive junk it is a double whammy!
Categories: Miscellaneous
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