Monday, January 24, 2011

Super Bowl XLV. A Few Random Thoughts.

Super Bowl XLV at the Dallas Cowboys Stadium, on February 6, in Arlington, Texas will be the biggest sporting event in the country in the year 2011. That's saying something. Super Bowl numbers are staggering: the number of people watching, the number of pizzas consumed, rooms and cars rented, the list is endless.

In the video, they say that 150,000 people will be visiting North Texas Super Bowl weekend. I hope they all feel welcome and that North Texas looks good.

We have no single-ticket draw here. No mountains, beaches, or slot machines. No French Quarter, or Colosseum, or natural wonders of the world. We do have amenities that match nearly every city in the nation. Great restaurants, hotels, parks, lakes, rivers and the like. And lots of wide open space.

In many ways, I think Fort Worth has more to offer SuperBowl visitors than Dallas, even though it is smaller in scope. Fort Worth has a model downtown with plenty to do and see. Traffic is a little lighter, it's closer to the Stadium and it's not quite as overwhelming as Dallas. Plus, it has an authentic western quality to it. We like the nickname, Cowtown.

I know many people are opposed to the intrusiveness of events like this and maybe the cost is a little daunting. But in my mind, the end does justify the means. The benefits are not just the immediate monetary bump, but the exposure that brings people and businesses back for years to come. Billions of people watch the Super Bowl on TV and they all will be seeing the mural at Sundance Square as ESPN plays SuperBowl host. We couldn't get that kind of exposure with twenty years worth of advertising.

I love the Super Bowl being right next door to me. Love it. And anything I can do to make it come off a success I will.

Oh, and Jerry, have your people call my people. I might have time to stop by your luxury suite on Sunday.

Sunday, January 23, 2011

Sprouts Farmers Market. New in Fort Worth. Opening Wednesday.

Remind me never to go into the grocery business.

I'm serious.

The competition begins with the old-line Albertson/Kroger/TomThumb stores, and is followed by Walmart and Target super stores, Sam's and Costco bulk-discount stores, plus, Whole Foods and Central Market on the high end, and Aldi, Trader Joe's, and a cast of thousands on the low end. It's a tough world for selling a can of beans these days.

Entering this not-so-friendly fray: Sprouts Farmers Markets.

Spouts fresh produce department
Sprouts is a grocery store devoted to fresh foods, some local, some organic, but not solely so, and healthy-living products, like vitamins, supplements and skin care products.

I visited my first Sprouts store Saturday, at the Hulen and I-20 store's pre-open. I liked it and for what my opinion is worth, I think they will do well in Fort Worth. Healthy living and environmentally safe products are the new normal. And the lower prices at Sprouts makes shopping there very attractive.

Sprouts has a meat department with some grass-fed beef selections, a fish department, a bakery, fresh produce, and two hundred bins of fresh nuts, grains, beans, chocolates, etc. They also have their own private-label products, peanut butter and spaghetti sauce are two that I saw as I walked around. And they have special sale days every Wednesday. I noticed raw almonds for $3.99 a pound, on sale, and granola for $1 a pound, again on sale. Coffee beans normally at $8.99 a pound on sale days will be $5.99 a pound when they are on sale.

Final somewhat random observation: the store seems more set-up for the female shopper than your average grocery store. I don't know if that is the intentional vibe or just my reaction from shopping at Home Depot too much lately.

Anyway, Sprouts' stores are in four states and based in Phoenix, Arizona. They currently have fifty stores, this is the first in Fort Worth. There are four in Austin (weird). They are a privately held corporation.

To the folks at Sprouts Farmers Markets --- welcome to Fort Worth.
---------------------------------------
Store Details
Opening day: Wednesday, January 26. (Special prizes for first 500 visitors)
Website: Sprouts
4650 SW Loop 820
(NW corner of I-20 and Hulen the old Albertson's)
Fort Worth, TX

Disclosure: at the end of the tour I was given a "thank-you" tote-bag with a few treats like berries, puffed rice chips and lotion samples. It was thoughtful and appropriate.

...

Saturday, January 22, 2011

Cost of gasoline adjusted for inflation.

I noticed gasoline over $3.00 per gallon today. And I hear talk of 50 or 75 cents more per gallon by the summer.

Painful? Yes, especially for long-commuters.

But when adjusted for inflation the price is not not much different than other "above average" times in the last 90 years. Gasoline was 25 cents per gallon back in the '60's, but when adjusted for inflation, that is, when adjusted to the buying power or value of the today's dollar, the price today is not wildly different from the price back then.

That being said, 2011 prices at $3.00+ a gallon are on the high side of the mean.

Want to feel better? In London, gasoline works out to be over $8.00 a gallon, US.

Inflation Adjusted Average Gasoline Prices, from InflationData.com





















Chart: © Copyright 2010.  Timothy McMahon and InflationData.com
For more information on this chart please go to: InflationData.com

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