Whole Foods Learns That Admitting To Overcharging Customers Can Hurt Sales

Whole Foods Learns That Admitting To Overcharging Customers Can Hurt Sales

Since Whole Foods first became a household name, it’s been the butt of jokes — like the oft-repeated “Whole Paycheck” nickname — about the high prices it charges. Yet customers continued to come. It wasn’t until the grocery chain recently admitted to “unintentionally” overcharging on certain items that shoppers began looking elsewhere. [More]

Whole Foods Recalls Riccotta Sold In 21 States Because People Shouldn't Be Paying A Premium For Listeria

Whole Foods Recalls Riccotta Sold In 21 States Because People Shouldn't Be Paying A Premium For Listeria

While Whole Foods might have prices that prevent some people from buying their groceries there, it’s not immune to the wee pathogens that wreak havoc on the digestive tract’s of both the rich and the poor. Thus, Whole Foods has had to issue a recall on Ricotta Salata Frescolina brand cheese sold in 21 states and Washington, D.C., because it may be contaminated with Listeria. [More]

Big Businesses Admit Being Really Bad At Math… When It Comes To How Much A CEO Earns

Big Businesses Admit Being Really Bad At Math… When It Comes To How Much A CEO Earns

In March, a group of two dozen lawmakers prodded the Securities & Exchange Commission to finally get around to enforcing Section 953(b) of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, which requires publicly traded companies to disclose the ration between CEO pay and the median pay for the rest of their employees. Now that the SEC is prepping to release those rules, these companies are suddenly claiming a lack of basic math skills. [More]