Domain: bustle.com
Stories and comments across the archive that link to bustle.com.
Stories · 2
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Did Amazon Really Lower Whole Foods' Prices? (bustle.com)
While Whole Foods "strategically marked down select items like avocados and almond milk, overall prices have dropped very slightly -- about 1 percent -- since Amazon ownership, according to an analysis by research firm Gordon Haskett." An anonymous reader quotes Bustle: This hardly seems like big savings, and Gordon Haskett noted that since the initial price cuts in August, the cost of some items have been slowly ticking back up. "The price of frozen foods, for example, was 7 percent higher on Sept. 26 than on Aug. 28, when Amazon officially took over," Abha Bhattarai reported for the Post, which is owned by Amazon. "Snack items had risen 5.3 percent in that period, while dairy and yogurt were up 2 percent. (Among categories where prices are lower: Beverages, down about 2.8 percent; bread and bakery, down 6.8 percent; and produce, down 0.5 percent...)"
For shoppers like me who buy mostly fresh fruits and vegetables, it did feel like I was saving money. However, one industry insider said there is a strategy behind how prices are cut. "The whole game is that you want the 100 most recognizable things -- milk, apples, bananas -- to be cheaper," Jan Rogers Kniffen, an industry consultant and former department store executive, told the Post. "If you can do that, you can build a perception that the whole store is competitively priced."
From July through September, Whole Foods brought in $1.3 billion in sales for Amazon. -
Scientists Say Smart People Are Better Off With Fewer Friends
HughPickens.com writes: Christopher Ingraham writes in the Washington Post that a new study finds that when smart people spend more time with their friends, it makes them less happy. "The findings in here suggest (and it is no surprise) that those with more intelligence and the capacity to use it ... are less likely to spend so much time socializing because they are focused on some other longer term objective," says Carol Graham, a Brookings Institution researcher who studies the economics of happiness. According to Graham you should think of the really smart people you know. They may include a doctor trying to cure cancer or a writer working on the great American novel or a human rights lawyer working to protect the most vulnerable people in society. To the extent that frequent social interaction detracts from the pursuit of these goals, it may negatively affect their overall satisfaction with life. (More, below.) Hugh Pickens continues: Kanazawa and Li's theory of happiness starts with the premise that the human brain evolved to meet the demands of our ancestral environment on the African savanna, where the population density was akin to what you'd find today in, say, rural Alaska (less than one person per square kilometer). Take a brain evolved for that environment, plop it into today's Manhattan (population density: 27,685 people per square kilometer), and you can see how you'd get some evolutionary friction. "Our ancestors lived as hunter–gatherers in small bands of about 150 individuals," Kanazawa and Li explain. "In such settings, having frequent contact with lifelong friends and allies was likely necessary for survival and reproduction for both sexes." If you're smarter and more able to adapt to things, you may have an easier time reconciling your evolutionary predispositions with the modern world. Accordingly smarter people may be better-equipped to jettison that whole hunter-gatherer social network — especially if they're pursuing some loftier ambition. "Whatever the explanation might prove to be, this obviously doesn't mean smart people don't like having friends," says Emma Cueto. "But it does probably mean that they don't enjoy having too many — after all, keeping track of lots of people does usually involve, you know, talking to them. So if you're naturally more of a loner, congratulations! It might be a sign of intelligence."