Saturday, May 5, 2007
Cookie Cutter America
Every city in this country has a Starbucks (or dozens of them), a Quizno's, a Walgreen's, a McDonald's, a Cheesecake Factory, etc. What's a foreign visitor going to say when he visits all the major cities in this country and sees the same things? OK, I'm being cynical, yet it is true. Companies are expanding rapidly due to a variety of factors: franchising, investors buying coupon clipper investments, distribution channels, large volume purchasing discounts, etc. Every American wants the cheap goods Wal-Mart or Target can offer. This the trend my fellow investors. Make decisions with that in mind.