The Morning Brew: Wednesday, 8.6

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On Monday an article looked at Whole Foods' efforts to appeal to budget-conscious shoppers. Today, news that the grocery chain's profits are down 30% from last year. (Austin Business Journal)

So you don't think Gut Check is picking on Whole Foods -- I'm there way too often for my wallet's liking, in fact -- here's an interesting story about a loan program the chain offers farmers. (Los Angeles Times)

Gut Check's stand on eating contests is clear. That said, an impromptu, unsanctioned cake-eating contest is an especially bad idea. (BBC News)

- Ian Froeb

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