Another pumper not taking into consideration that the wholesale business which is over 50% of the sales continues to decline and has done so for numerous quarters in a row! then toss in the fact that the twin cities will have a new competitor enter the market along with the continual growth of Target, WalMart, Trader Joes and Whole Foods. This story is far from over.
Wholesale has declined because of 2 things. A loss of some military business and the loss of some very underachieving independents signing with other distributors for their "sweetheart" deal.
The loss of most of those independents is the result of owners trying to save their businesses through rebate programs. Owners are able to run their business as normal and stuff their wallet at the end of the year with their fat rebate.Ends up being a solid retirement plan for those that see their lifelong business sliding away to the competition. Not all business is worth having if a customer is struggling mightily to pay their weekly statement.
Not sure why all positive comments here are met with a pumper designation but I for one have done extremely well here. GLTA