Supply
”Walmart Rations Rice
Following Costco's lead, Walmart announced it is now rationing rice. Shoppers at Sam's Club discount wholesale clubs will be limited to four bags of rice per customer. Wal-Mart "working with our suppliers to address this matter to ensure we are in stock, and we are asking for our members' cooperation and patience." It's not as bad as it sounds, the bags are still 500 lbs each.
Wal-Mart Rations Rice, Warns of "Supply and Demand" Concerns [Fox Business News]
PREVIOUSLY: Costco: One Bag Of Rice Per Customer, Please
Costco: One Bag Of Rice Per Customer, Please
The NY Sun says that Costco has resorted to "rationing" bags of rice in California and flour and oil in New York due to limited supply:The bustling store in the heart of Silicon Valley usually sells four or five varieties of rice to a clientele largely of Asian immigrants, but only about half a pallet of Indian-grown Basmati rice was left in stock. A 20-pound bag was selling for $15.99.More »
stupid shipping gang
What's Inside This Big Box From IBM?
Ooo, what could be inside this box that IBM shipped to a reader—retail-packaged software? Peripherals? Maybe a hard drive with air padding? A logo-emblazoned hoodie? Monogrammed pencils? A kitten? More »
video games
Nintendo Officially Disapproves Of "Bundling"
Bundling may be a popular tactic retailers employ to force customers to spend more money, but Nintendo of America's celeb-President Reggie Fils-Aime has come out against it, finally: "Retailers have already been given feedback that we are not big fans of that," he told Reuters this week. Is the pre-purchase deal with GameStop one way Nintendo is preventing that from happening this December? If anyone actually buys one of those empty DVD cases, let us know if they try to upsell you to a bundle. More »
supply and demand
Kraft Introduces New Butter Flavor Containing Diacetyl, The "Popcorn Lung" Ingredient
Recently, after numerous complaints of serious illness from popcorn workers and one complaint of illness from a consumer, ConAgra and Pop Weaver removed diacetyl from its microwave popcorn and now proudly announce to their customers that their product is diacetyl free. Kraft, on the other hand, decided that now would be a good time to introduce a brand new diacetyl-based butter flavor into the market. More »
thank goodness
Home Depot Finally Sells Commercial Business Supply Division After $2 Billion Price Cut
Home Depot has finally rid itself of the commercial business supply division that was often blamed for the chain's miserable customer service and lagging stock price. The commercial supply division was accused of stealing resources from the stores, and was the pet project of disgraced former CEO "Big Bob" Nardelli. Home Depot had to chop $2 billion off the asking price, but they got the deal done. More »
this is broken
USDA Pays Farm Subsidies To Dead Farmers
The USDA likes to pay dead farmers to grow corn, according to a new report from the Government Accountability Office. Some of the dead farmers received in excess of $500,000 in government subsidies. Hmm! How very mysterious! More »
white noise
92% Of Americans Want Country Of Origin Labels On Food
According to a national survey conducted by Consumer's Union, the non-profit organization that publishes Consumer Reports, 92% of Americans want country of origin labels on their food. Country of origin labels are required on all imported food, thanks to a 5 year old law, but that law has never been enforced. More »
supply and demand
No Greymarket For The iPhone
The usual cast and crew of operation greymarket are out of luck with the iPhone, according to the Boston Globe. Unlike Nintendo and their still-scarce Wii, Apple appears to be meeting demand. From the Boston Globe:David Flashner thought he had it wired: Buy two iPhones last Friday when they first went on sale, keep one, and sell the other at a profit so big it would pay for most of the first one.More »
supply and demand
String Bikinis: Now Available for Toddlers!
The Arizona Republic is reporting that Gap Kids now offers a crochet string bikini for 1 year-olds. What?GapKids recently featured a white, crocheted string bikini you'd likely see Anna Kournikova wearing on the cover of the Sports Illustrated swimsuit issue. The bikini was for a 12-month-old.More »
supply and demand
Shell Station Owner Raises Gas Prices In Protest Against Shell
Shell station owner Bob Oyster is selling regular gas for over $4, but he's not price gouging. He's protesting Shell. What? From the San Francisco Chronicle:There's a much deeper story here, and it begins with Oyster, a respected, self-made businessman who turned a single station into Oyster Petroleum, a profitable firm in Redwood City. Oyster is nobody's fool. Don't think he isn't well aware that the Chevron station across the street is selling regular for 70 cents less.More »
supply and demand
Gas Station Owners Hate High Gas Prices
Gas station owners like Rob Garrett say they don't like high gas prices, because it cuts their profit margin and they have to rely on things like car washes and snack food to make a profit, according to USA Today.Customers often don't understand that he is a small-business owner, not an extension of "Big Oil." Garrett owns two stations in Northern Virginia and one in Washington, D.C., under the Sunoco name, and has been in business for nine years.More »
Lately, he says, he and his employees have been receiving a lot of complaints from customers. Although he tries to explain his situation, people don't want to hear it.
supply and demand
Wii Shortage To Last Through The Holidays?
We know that May isn't the month you want to start hearing about the holiday shopping season, but analysts are predicting that the Wii shortage will last through this year's shopping season and possibly longer. From PC World:"Demand still appears to exceed supply, and we believe that shortages could persist through the remainder of the year, including the key holiday period," said Colin Sebastian of Lazard Capital Markets, in a report by Next-Gen.biz.More »
food supply
Walmart Pulls Contaminated Frozen Catfish From China
China needs a PR company that specializes in damage control. Walmarts nationwide are pulling their supply of 4oz frozen catfish fillets due to recent finding in Alabama that the catfish may be contaminated with an anti-biotic banned in the US. From CBS4:Fluoroquinolone was reportedly banned by the FDA in 1997, but Florida food safety experts officials told CBS-4's Al Sunshine that it is not an imminent threat to public health and it's more of an issue of keeping unneeded antibiotics out of the human food supply.More »
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