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Last week, Kroger grocery chain's lowered earnings forecast caused a 19 percent drop in share prices, which had already declined 12 percent in 2017. This was before Amazon announced that it is buying the Whole Foods grocery chain -- more than 460 stores in 42 states, Canada and Britain -- for $13.7 billion, which is approximately how much Amazon's market capitalization increased after the Whole Foods announcement. Whole Foods, like Kroger, had been experiencing difficulties from competitors and expanding consumer options. The Wall Street Journal reports: "Consumers are buying more of their groceries outside of traditional supermarkets. Online merchants, discounters and meal-kit delivery services are all grabbing market share." Daniel Patrick Moynihan's Iron Law of Emulation -- competitive branches of government adopt their rivals' techniques -- applies to the private sector, too. Neil Irwin of The New York Times writes of Amazon: "The online retailer is on a collision course with Walmart to try to be the predominant seller of pretty much everything you buy. Each one is trying to become more like the other -- Walmart by investing heavily in technology, Amazon by opening physical bookstores and now buying physical supermarkets." Something similar, says Irwin, is happening in "nearly every major industry," benefiting "the biggest and best-run organizations, to the detriment of upstarts and second-fiddle players." In the accelerated churning of today's capitalism, changing tastes and expanding choices destroy some jobs and create others, with net gains in price and quality. But disruption is never restful, and America now faces a decision unique in its history: Is it tired -- tired of the turmoil of creative destruction? If so, it had better be ready to do without creativity. And ready to stop being what it has always been: restless. Americans just now are being plied with promises that the political class can, and is eager to, protect them from the need to make strenuous exertions to provide for themselves in an increasingly competitive world.
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In addition, licensed audiologists like Aronson use their expertise to properly fit hearing aids for new clients. Related: Santa Clarita Audiologist Nola Aronson: ‘I Am Looking Forward To Making People’s Lives Better’ “What people don’t realize is, yes you’ll find hearing aids less expensive online because you’re only finding a hearing aid — you’re not finding a person to fit it, you’re not finding any service with it,” Aronson said. She continued, “Hearing aids have to be fit correctly in the ear. If you think the hearing aid is too tinny, how are going to get that changed if there’s nowhere for you to (go)?” People who hear stories of individuals not wearing their hearing aids because they don’t work can rest assured that the reason is, they chose to get it from a big box store or online, according to Aronson. “Everybody says, ‘Oh, these don’t work,’” she explained. “That’s because they didn’t go to the right person, the person that follows them along and takes care of them the whole time.” In addition to 40 years of experience — including 30 years in the Santa Clarita Valley — Aronson is licensed by the state in Audiology and hearing aid dispensing. She also has a Master’s Degree in Audiology from California State University, Long Beach and holds certifications of clinical competence from the American Hearing and Speech Association and the American Academy of Audiology. While Aronson is currently faced with the difficult decision of whether or not she should unbundle her prices to lower the cost of the actual hearing aid, she noted she doesn’t believe in charging her clients every time they come in the door in need of service. “That’s my philosophy. I’m so used to giving my services away and making it so that people are successful with their hearing so they can lead a better social life,” she said.
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