Reuters reports that as he made a move to acquire Wal-Mart's McLane distribution unit from Wal-Mart, Warren Buffett unveiled a replica of his grandfather's old grocery store in Omaha, Nebraska.
The recreation is located in an Omaha museum. Buffett reportedly cited his grandfather's store as the beginning of his business education; he got his start in business there six decades ago as a grocery delivery boy.
The recreation is located in an Omaha museum. Buffett reportedly cited his grandfather's store as the beginning of his business education; he got his start in business there six decades ago as a grocery delivery boy.
- KC's View:
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Nice to know he hasn't lost touch with his roots…
The speculation seems to be that one of the reasons Buffett wanted to acquire McLane from Wal-Mart is that he thinks the time may be ript to challenge Fleming. (Which would seem about right…)
Buffett's interests in the food business may extend far beyond the museum's doors.
