The Future of Grocery Wholesaling
By George Anderson
Neil Stern, editor, Retail Watch told the Pioneer Press, “Wal-Mart has been rumored for years that it was going to get into the food distribution business and would use McLane as its business unit.”
Mr. Stern said that the “loud sigh of relief” you may have heard last week were grocery wholesalers exhaling after learning Wal-Mart had sold McLane to Warren Buffet and Berkshire Hathaway.
Moderator’s Comment: What do you expect Warren Buffet
to do to expand McLane’s business?
If any wholesaler feels giddy about Wal-Mart selling McLane,
we would add this caution: Be careful what you wish for. You just might get
Anderson – Moderator]