Financial Chaos at Planet Organic

[Nage Waza]

Originally Posted by Hes

Instead of spending the extra 25-50% on Organic food that money would be much better served trying to develop farming practices in poor countries.

Are you suggesting a 25%-50% tax on foods?

[Knut]

Originally Posted by Nage Waza

Are you suggesting a 25%-50% tax on foods?

Not sure how you transfer it to the Food insecure. Perhaps Charitable donations. Its a complex issue that maybe i over simplified.

[GordonBlue]

to the shock of nobody...

Unable to pay its creditors, natural food store Planet Organic Markets has shut a chain of stores that spanned three provinces.
The company’s executives sent letters to employees and creditor Tuesday informing them of its demise.

https://edmontonsun.com/business/loc...e-3db325a48c66

In a March 3 letter to creditors, the company said a secured creditor is owed $18 million “and has a lien on substantially all of the company’s assets to secure payment of the debt.”
“The company estimates that the total amount of other creditor claims is in the range of $12 to $16 million.”
Those unpaid creditors can expect to be paid about seven or eight per cent of what they’re owed, states the letter.

[Locke]

There is so much of this that is so painfully obvious.

Who ever could have surmised that enormous brick and mortar stores selling highly specialized products to a small niche demographic at outrageous prices would have revenue issues?

[ZedMan]

Originally Posted by Locke

There is so much of this that is so painfully obvious.

Who ever could have surmised that enormous brick and mortar stores selling highly specialized products to a small niche demographic at outrageous prices would have revenue issues?

have you heard of a little chain called Whole Foods?

[peter12]

Originally Posted by ZedMan

have you heard of a little chain called Whole Foods?

I really like Whole Foods. There is one by my place in Vancouver - the city that I live in. Sometimes it is nice to pay premium for premium products. Their produce is always better than Save-On Foods or No Frills.

Also Whole Foods is on an entirely different level than Planet Organic. It always made me larf when Calgarians compared the two.

[Johnny Makarov]

Originally Posted by peter12

I really like Whole Foods. There is one by my place in Vancouver - the city that I live in. Sometimes it is nice to pay premium for premium products. Their produce is always better than Save-On Foods or No Frills.

Also Whole Foods is on an entirely different level than Planet Organic. It always made me larf when Calgarians compared the two.

Are you off your meds today? haha

I miss Debajis in Northland Mall - in NW Calgary the quadrant i live in

[robbie111]

Originally Posted by Johnny Makarov

Are you off your meds today? haha

I miss Debajis in Northland Mall - in NW Calgary the quadrant i have live in

The Debajis at Southland and Elbow where the Planet Organic is was a great store. Best veggies, fruit and bakery in Calgary, just way ahead of its time.

[Cecil Terwilliger]

I remember getting stoned in HS and going to Debaji’s in Northland to look at their giant ass mother####ing king crabs. If I wasn’t a poor student I’d have bought two and put on a fight to the death.

[Johnny Makarov]

Originally Posted by Manhattanboy

Ya like a sheep I go to Sunterra all the time. Everything they sell is grossly overpriced and their prepared dishes aren't that good.

They have the best caesar salad dressing of all time! Never thought i would like anchovies that much.

[Flash Walken]

Originally Posted by Cecil Terwilliger

I remember getting stoned in HS and going to Debaji’s in Northland to look at their giant ass mother####ing king crabs. If I wasn’t a poor student I’d have bought two and put on a fight to the death.

there's still time

[Cecil Terwilliger]

Any place in Calgary that sells live king crabs the size of a small Volkswagen? Debaji’s is the only place I’ve ever seen them.

[ZedMan]

Originally Posted by peter12

Also Whole Foods is on an entirely different level than Planet Organic. It always made me larf when Calgarians compared the two.

I mean great, enjoy your 'larfs' I guess. I wasn't comparing the two. I was just pointing out that Locke's assertion that an "enormous brick and mortar stores selling highly specialized products to a small niche demographic at outrageous prices", which is a dead-nuts definition of Whole Foods, was an obvious failure from the start is hilariously off-base.

[peter12]

Originally Posted by ZedMan

I mean great, enjoy your 'larfs' I guess. I wasn't comparing the two. I was just pointing out that Locke's assertion that an "enormous brick and mortar stores selling highly specialized products to a small niche demographic at outrageous prices", which is a dead-nuts definition of Whole Foods, was an obvious failure from the start is hilariously off-base.

I mean, I wasn't criticizing you, but Whole Foods isn't really any of those things.

[Johnny Makarov]

Originally Posted by Cecil Terwilliger

Any place in Calgary that sells live king crabs the size of a small Volkswagen? Debaji’s is the only place I’ve ever seen them.

t&t the chinese supermarket sells them once in a while. I think they are like $200.

[GordonBlue]

Originally Posted by Johnny Makarov

Are you off your meds today? haha

I miss Debajis in Northland Mall - in NW Calgary the quadrant i live in

another chain that was horribly mismanaged.

[Shazam]

A-Mart moving into the Royal Oak location. Whoo!