midwest

Some Business News (Mind the Gap)

This is just one of those bits of news that feels important:

ReutersWal-Mart Stores Inc (WMT.N) is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi ALDIEI.UL and other U.S. rivals like Kroger Co (KR.N), according to four sources familiar with the moves.

Wal-Mart launched the price test across 11 Midwest and Southeastern states such as Iowa, Illinois and Florida, focusing on price competition in the grocery business that accounts for 56 percent of the company’s revenue, said vendor sources with direct knowledge of the matter who did not wish to be identified for fear of disrupting business relations with Wal-Mart.

Wal-Mart’s tests are aimed at finding the right price point across a range of products that will attract more shoppers, and then adjusting prices as needed.

(Bose)

(more…)

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Something Completely Different

Shizuo Heiwajima wanders Ikebukuro. (Detail of frame from Durarara!! episode 7, "Bad-Ass Dude".)

“Have to face it, I’m finally an addict; the smell of popcorn and worn plush lingers for weeks.”

Margaret Atwood

Here’s a change of pace:

No matter where you go, the movie theaters tend to smell the same: like popcorn, and the butter-like stuff they put on the popcorn, and that stale odor of recycled air-conditioned air.

Also fear, and sadness, and joy. These feelings aren’t scents, per se, in that you don’t take a whiff of air and consciously think, “Man, it smells scary in here.” But in a study published earlier this week in the journal Nature, a team of researchers found that the air in movie theaters tends to take on unique chemical signatures based on how the audience reacts to what’s happening on the screen. A horror film, for instance, will have a different chemical imprint than a comedy, which will leave a different mark than a tearjerker.

The report from Cari Romm for Science of Us actually sets a number of thoughts in motion, including a weirdly recursive context in which yes, actually people do now have ideas of something smelling scary, and as the colloquialism sets roots in American culture the idea will eventually concretize or crystallize long enough to be noted, and then set right back to shifting and changing and growing and evolving. It’s not quite the same as the decade-old debate whether sour apple or lime tastes like green, though even then the question illustrates contextual challenges. To wit, the straightforward answer: I’m middle-aged; the sour-apple thing is “new” by comparison, so “lime” is what tastes like “green”. A more honest answer: Marijuana. A more cultural-contextually useful answer: I’m sure as a middle-aged lifer in cedar and hemlock country, green means something different to me than it would a young’n barely as tall as the wheat that is all he can see for miles in any direction.

Smells, of course, are more interesting, but translating the relevant trivia about memory into something useful seems a challenging return on investment especially according to a daunting prospect against success.

Nor should we wonder why Atwood comes to mind.

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Image note: Shizuo Heiwajima wanders Ikebukuro. (Detail of frame from Durarara!! episode 7, “Bad-Ass Dude”.)

Atwood, Margaret. “You Take My Hand And”. 1971.

Romm, Cari. “Movie Theaters Smell Like People’s Feelings”. Science of Us. 13 May 2016.