Organics: A Poor Harvest for Wal-Mart

A year ago last March Wal-Mart (WMT) grabbed headlines by announcing its organic push. Stephen Quinn, a top marketing executive, told investors at a Bear Stearns (BSC) conference that the company would double the number of organic food items in its stores to 400 and offer them "at the Wal-Mart price" (see BusinessWeek.com, 3/29/06, "Wal-Mart's Organic Offensive"). But now Karen Burk, a spokeswoman for the company, says that the majority of Wal-Mart stores are offering between 100 and 200 organic food items. She says the company does not have a target, at least not a public one, of stocking 400 organic items in the average store.

Also, The Most Expensive Farmland in the U.S. Surprisingly, California is #8.
More: the only good thing to come from this smoke and mirrors ethanol craze is that it has people thinking. Some great comments here. Three cheers for bacterially-produced Butanol.