{
  "docId": "019dd923-622c-750b-8b98-8243e1c3d26d",
  "docSlug": "be8f2b4fd241",
  "documentTitle": "Weis Markets, Inc. (WMK)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2018-09-05 00:00:00",
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  "pageNumber": 12,
  "pageCount": 46,
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  "slideType": "competitive_analysis",
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  "nDataPoints": 3,
  "notes": "Uses geographic maps to illustrate competitive saturation and store footprint differences.",
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      "text": "In the intensely competitive supermarket space, we believe Weis Markets cannot compete on price, location or quality with faster growing and better value supermarkets in the densely populated Northeast corridor.",
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      "text": "Aldi store map",
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      "text": "Wegman's store map",
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      "kind": "list",
      "text": "350+ Stores, Known For Ultra Low Cost Prices Across Many Staple Products",
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      "kind": "list",
      "text": "97 Stores, Growing Fast, Known For Fresh And High Quality Foods (similar to a Whole Foods)",
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      "kind": "list",
      "text": "206 Stores, Mixed Reputation As An Employer; Known For Making Its Own Ice Cream",
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      "text": "In the intensely competitive supermarket space, we believe Weis Markets cannot compete on price, location or quality with faster growing and better value supermarkets in the densely populated Northeast corridor.",
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      "kind": "source-note",
      "text": "Source: Company websites; 1) Wegman's Fortune Ranking; 2) ASCI 2017 report",
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      "kind": "title",
      "text": "Difficult To Compete on Location In The Dense Northeast Region",
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      "evidence": "The deck presents various data points and comparisons that worsen the picture of Weis Markets, highlighting its non-competitiveness and financial struggles.",
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      "parentBeatName": "Development",
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    {
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      "from": 5,
      "name": "Cost Of Inaction",
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      "objective": "Highlight the cost of inaction for investors who do not short sell Weis Markets",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
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