Also in this playlist...
This transcript is automatically generated
Wolf from the farm to the store consumer sentiment numbers taken down in June but remaining near six year highs are on Jeff Flock joins is now from.
A midwest grocery chain.
You know it -- -- -- they are betting on the consumer and a battle against whole foods -- Around -- the name of the chain 160 stores four billion in annual sales and this store.
Is more happening -- -- grocery store I think Bob Mariano was with me who's the chairman CEO of around these.
The store has your name on -- right tell me what it's about.
It's all about food experience it's all about teaching people how to enjoy food -- celebrate life with food.
This is is yours what it is it is that they offerings he organic offerings to cool stuff the high -- stuff you get a like a whole foods.
And you also get the staples that you might get -- a target where you can buy toilet paper not.
Have to buy organic toilet paper no offense -- -- prolific while that was by design because one thing we want to -- people that they have so little of his time.
So we can save -- a trip.
You combine trips for them -- -- time -- best the best of both worlds and you've created kind of a bizarre here this is not so much as I said a grocery store tickets of bizarre happening.
This costs a lot of money -- -- -- we take a look at your stock.
You went public in 2012.
Stock dropped off you invested a lot of money in this concept.
Now in the last year -- up 86%.
Well we were very pleased with the performance of the stores to cut really count on what the customers and we've been able to mature them pretty nicely so it's been good stuff ready for Wal-Mart.
Well I think we -- focused on what we know.
And that's bringing great food and -- great environment with good affordable price is that the customer and I think we went somewhere in the sweet spot.
Bob marry on all.
Chairman CEO exclusively of the round -- chain.
At the store with his name on it back in the next hour two hours chance and I'm gonna ask him whose idea was to put your name on the story number -- was his.
Filter by section