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The Daily Mess The Lack Of Importance Of The Hands Of A Clock Plus Grocery Stories Are Losing Money · Arroe Collins Like It's Live

• 0:00
  Speaker 1: Hey, even being in radio for 47 years, I don't
• 0:02
  Speaker 1: know every single song, so it makes it even more
• 0:05
  Speaker 1: fun when you get to do a show called Music's
• 0:07
  Speaker 1: Lost History, the artist edition as well as the song edition.
• 0:11
  Speaker 1: You can participate on arrow.net, A-R-R-O-E dot net, Music's Lost History.
• 0:17
  Speaker 1: How much do you really know about the songs you're
• 0:20
  Speaker 1: checking in with? Arrow.net, A-R-R-O-E dot net. Enjoy your exploration. Hey,
• 0:27
  Speaker 1: it's me, that question guy. You know, the dude that's
• 0:30
  Speaker 1: always asking questions because it's so much fun when you
• 0:33
  Speaker 1: start researching for answers. Such as, should we be teaching
• 0:37
  Speaker 1: young adults how to read a clock with the big
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  Speaker 1: and little hand on it? Plus... A truthful look at
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  Speaker 1: the cost of owning a major grocery store chain. My
• 0:46
  Speaker 1: name is Arrow. I'm a daily writer, a silent wolf.
• 0:49
  Speaker 1: I stand on the sidelines and do nothing but watch, listen, study,
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  Speaker 1: then activate. I happen to call it the daily mess
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  Speaker 1: because it's a chronological walkthrough in everyday world. It is
• 0:58
  Speaker 1: my daily writing. When a subject arrives inside of me, dude,
• 1:01
  Speaker 1: it's time to dig in. It's still keeping that daily journal,
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  Speaker 1: but by doing the research, the picture is always going
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  Speaker 1: to become clearer. This is the daily mess. Most young
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  Speaker 1: adults cannot tell you the time on a clock if
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  Speaker 1: it features hands on it. Now, should we let this go? Uh, yeah.
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  Speaker 1: It's not a crisis. In fact, why are we even
• 1:24
  Speaker 1: talking about young adults not being able to read a
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  Speaker 1: clock with hands on it? Analog clocks create a visual
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  Speaker 1: relationship knowing the minute hand is approaching six, let's say. Well,
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  Speaker 1: that's an intuitive sense. Meaning that you know where you
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  Speaker 1: are somewhere on the clock. The digital clock gives off
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  Speaker 1: the exact time. It's easier to read for everybody. Boy,
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  Speaker 1: I'll never forget my very first digital clock. It meant
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  Speaker 1: putting away my big old Mickey Mouse eared clock that
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  Speaker 1: had the bells on it. 12 years old and I
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  Speaker 1: was connected to a radio with a digital clock. Oh
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  Speaker 1: my God. And it was digital? Oh wait, wait, wait.
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  Speaker 1: Back to the origin of the story. Young adults who
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  Speaker 1: can't read the hands on a clock Mental health leaders say,
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  Speaker 1: don't make a big deal out of something like this.
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  Speaker 1: Don't make it a gatekeeper for determining if they're even educated.
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  Speaker 1: Digital time is inexpensive to teach. It takes very little
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  Speaker 1: time to learn, and it gives us another option to
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  Speaker 1: measure time. One man recently said to me, the hands
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  Speaker 1: on the clock can be compared to that of cursive writing.
• 2:30
  Speaker 1: You rarely ever get to need it, but when you
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  Speaker 1: know it, you've got value. Hey, coming up next, how
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  Speaker 1: can a billion-dollar grocery store chain be losing money? Hey,
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  Speaker 1: thanks for coming back to The Daily Mess. How can
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  Speaker 1: a billion-dollar grocery store industry be hurting for cash? You
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  Speaker 1: ready for this? Those stuffed inside the cubicles of a
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  Speaker 1: banking industry? They say, yeah, it might be worth a
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  Speaker 1: billion dollars, but they don't have that kind of money
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  Speaker 1: in the bank. A large grocery store may be enormous
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  Speaker 1: in sales, but when it comes to cash available, yeah, well,
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  Speaker 1: that's not true at all. A great example, a chain
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  Speaker 1: can have $ 10 billion in annual sales, but only 1%
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  Speaker 1: to 3% of that is actually the profit. The billions
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  Speaker 1: are tied up in inventory, warehouses, and equipment. Now, let's
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  Speaker 1: toss in the huge bill when it comes to payroll, rent, utilities, insurance,
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  Speaker 1: and transportation. I mean, look at the price of diesel
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  Speaker 1: fuel right now, and who do you think is paying
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  Speaker 1: for that? One part that consumers don't get to see,
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  Speaker 1: the unbelievable losses connected to spoilage, theft, and damaged goods.
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  Speaker 1: What does this even mean to the consumer? Well, if
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  Speaker 1: a grocery store chain doesn't have a billion dollars in revenue,
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  Speaker 1: they've got at least 150 to 300 million dollars in profit.
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  Speaker 1: Don't even forget that cash flow and profits are two
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  Speaker 1: different things. They're not one and the same. A company
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  Speaker 1: can look great on paper, but extremely tight on cash. Why?
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  Speaker 1: Because the money is tied up in that inventory, the expansion, debt,
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  Speaker 1: and of course expenses. Yet the pay sucks at a
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  Speaker 1: grocery store and it's likely to be that one place
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  Speaker 1: that people will choose or not to choose to work at.
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  Speaker 1: Labor is one of its biggest controllable expenses. So what happens?
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  Speaker 1: They tend to lay people off or they give them
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  Speaker 1: fewer hours. Sales determine staffing. Availability is not a promise
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  Speaker 1: of scheduling. Corporate labor budgeting. Now Let's go shopping and
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  Speaker 1: see where that money is really going. I'm Arrow, and
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  Speaker 1: that's The Daily Mess.