Whole Foods Hell, Disaster in a Snap, Cockroach Labs Gets a Lift, Dropoff Picks $8.5 Million

Good Thursday Morning and two examples of what it looks like when the bottom falls out.

 

Daylight – With investors stomping on the floor and fresh numbers in hand, showing traffic counts still falling from the previous week, month and year, Whole Foods unveiled an overhaul: five new directors, new chairwoman, new CFO and a crisis-like plan to immediately improve operations, particularly labor costs and out-of-stock items…