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Desperate Times Call for Effective Turnarounds

BCG

Article Friday, November 11, 2016. We refer to these as turnaround and restructuring efforts. Sales numbers may be stable, or even growing, yet profitability has begun to decline. Sales are now stagnating or declining, while profit margins turn markedly negative. Typically, business problems unfold in three phases.

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How Organic Wine Finally Caught On

Harvard Business

Whole Foods Market, which by 2010 accounted for over one half of organic food sales in the United States, did little to promote organic wines. The Turnaround. While 6% of the wine sold at Systembolaget in 2011 was organic, by 2016 it was over 20%. Organic wine also needed to overcome a persistent reputation for poor quality.