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And I think small brands would say a big part of their struggle is with distributors. And the distributors will say, hey, a lot of the problem is grocery. So there's, you know, there's a lot of finger pointing within the industry.
And I think small brands would say a big part of their struggle is with distributors. And the distributors will say, hey, a lot of the problem is grocery. So there's, you know, there's a lot of finger pointing within the industry.
So what are the grocers saying? It's well known, you know, within the industry that grocers charge a lot of their own fees. It's pretty well known even to brands that if you deliver your pallet of goods late or if you deliver it and it's not everything the grocer asked for, you will get dinged by your grocer.
So what are the grocers saying? It's well known, you know, within the industry that grocers charge a lot of their own fees. It's pretty well known even to brands that if you deliver your pallet of goods late or if you deliver it and it's not everything the grocer asked for, you will get dinged by your grocer.
So what are the grocers saying? It's well known, you know, within the industry that grocers charge a lot of their own fees. It's pretty well known even to brands that if you deliver your pallet of goods late or if you deliver it and it's not everything the grocer asked for, you will get dinged by your grocer.
But what manufacturers say is that the fees, the charges have gotten way more extreme over time. to the point of being an existential threat for a lot of smaller brands. Who wins? Well, the way I really see this is as a result of this struggle in the American grocery business for profit.
But what manufacturers say is that the fees, the charges have gotten way more extreme over time. to the point of being an existential threat for a lot of smaller brands. Who wins? Well, the way I really see this is as a result of this struggle in the American grocery business for profit.
But what manufacturers say is that the fees, the charges have gotten way more extreme over time. to the point of being an existential threat for a lot of smaller brands. Who wins? Well, the way I really see this is as a result of this struggle in the American grocery business for profit.
You have packaged food manufacturers, you've got distributors, you've got grocers, and they're all fighting for pretty limited profit margins. But it's just really a sort of a tug of war between these factions to make it work.
You have packaged food manufacturers, you've got distributors, you've got grocers, and they're all fighting for pretty limited profit margins. But it's just really a sort of a tug of war between these factions to make it work.
You have packaged food manufacturers, you've got distributors, you've got grocers, and they're all fighting for pretty limited profit margins. But it's just really a sort of a tug of war between these factions to make it work.
The words were exactly, this was a private secret sale, basically illegal is the word that's used, basically it's crime. I mean, bankruptcy crime, I mean, on its face. Disguised as an auction that wasn't an auction.
The words were exactly, this was a private secret sale, basically illegal is the word that's used, basically it's crime. I mean, bankruptcy crime, I mean, on its face. Disguised as an auction that wasn't an auction.
The words were exactly, this was a private secret sale, basically illegal is the word that's used, basically it's crime. I mean, bankruptcy crime, I mean, on its face. Disguised as an auction that wasn't an auction.
This will be my fifth COP. The most interesting thing about them is it's a place where every country of the world almost is represented. And a lot of times people are dressed in their traditional garb. It's quite a festive and interesting place to be.
This will be my fifth COP. The most interesting thing about them is it's a place where every country of the world almost is represented. And a lot of times people are dressed in their traditional garb. It's quite a festive and interesting place to be.
This will be my fifth COP. The most interesting thing about them is it's a place where every country of the world almost is represented. And a lot of times people are dressed in their traditional garb. It's quite a festive and interesting place to be.
No, no suits. Actually, no, I'll have a few suits. No ties, though. No ties. That's where I draw the line.
No, no suits. Actually, no, I'll have a few suits. No ties, though. No ties. That's where I draw the line.
No, no suits. Actually, no, I'll have a few suits. No ties, though. No ties. That's where I draw the line.