On May 17, 8:19*am, "Michael \"Dog3\"" <don't...@donttell.huh> wrote:
> Watching this recession has been interesting. *A few food items (and many
> non food related items) are selling strong. *Hormel foods posted a 6%
> increase the first quarter in it's food sales divisions.
> "Sales of chocolate and running shoes are up. Wine drinkers haven't
> stopped sipping; they just seem to be choosing cheaper vintages."
> "Strong sales of Spam, Dinty Moore stew and chili helped Hormel Foods
> Corp. post a 6 percent increase in first quarter sales in its grocery
> products unit."
> "The number of home vegetable gardens is predicted to jump more than 40
> percent this year, compared with two years ago, according to the National
> Gardening Association.
> "Sales of vegetable seeds such as green beans, tomatoes, cucumbers,
> squash and lettuce climbed 30 percent as of March at W. Atlee Burpee, a
> large seed company in Warminster, Pa. It organized a basic training
> course called "root camp" for hundreds of would-be gardeners this month
> outside Philadelphia."
> "Profits in the first three months of 2009 at Hershey Co., the nation's
> second-largest candy maker, surged 20 percent and beat Wall Street's
> expectations. Kraft Foods Inc. reported double-digit growth in macaroni
> and cheese dinners -- the consummate comfort food."
I guess robust sales of Spam, Kraft mac & cheese and Dinty Moore stew
must be some of those "green shoots" we keep hearing about. Dollar
General and McDonalds are doing well too.