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Financial crisis is spoiling organics
金融危机糟蹋了有机食品行业 Organic food might be good for your health but, as a consumer, it's not so good for your budget. High-end Whole Foods market is cutting expansion plans in response to a more frugal shopping public. Mitchel Hartman reports.
有机食品也许对你的建康有利,不过作为消费者,它对你的预算就没什么好处了。应对现在更加节约的消费大众,High-end Whole Foods放缓了扩张的计划。
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| | Kai Ryssdal: With the economy slimming down every day, you'd think Americans would be trimming their food budgets, too. And there is some evidence that's happening, at least at the high end of the food chain. Whole Foods is cutting back on expansion plans as it responds to a more frugal shopping public. From the Marketplace Entrepreneurship Desk at Oregon Public Broadcasting, Mitchell Hartman reports.
Mitchell Hartman: When Whole Foods reports its quarterly earnings on Wednesday, analysts expect to see sales growth between 0 (percent) and 1 percent. A year ago, sales were increasing in the double-digits. Whole Foods has already cut back on plans to open new stores nationwide. That's not surprising, with customers like Alison Lord. I met her outside the Whole Foods store in Portland.
Alison Lord: I'm much more conscious of prices and price comparison, and thinking, "Do I really need that item or not, or can I make it work with something else?"
Which is not to say that consumers are ready to throw in the towel on organic food. What they are doing, is buying in bulk from organic wholesalers or shopping more at Whole Foods' competition -- lower-cost local grocery chains and food co-ops. Barth Anderson is a director at The Wedge food co-op in Minneapolis. He says business is up.
Barth Anderson : It's wonderful, actually. The downturn in the economy has really brought a lot of people home. They don't say, "Well, we're going to order a pizza." They actually cook.
But, will they keep buying more expensive organic ingredients to do that cooking? Sam Fromartz thinks they will. He's author of the book "Organic Inc."
Sam Fromartz: Consumers, if they really believe in the value of organic foods, they're going to continue to buy it because it's what they're putting into their bodies. So, they're going to cut back in other areas. They're going to try to get them for as cheap as they can.
Which means, says Fromartz, shopping more at mainstream groceries that have added organic lines, like Safeway, Kroger and Wal-Mart. |
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