麻豆影院

Walk the aisles of 麻豆影院鈥檚 reincarnated Alfalfa鈥檚 Market and you鈥檒l find a dizzying array of natural and organic offerings, from 鈥渆co smart鈥� insecticide to chlorine-free toilet paper to GMO-free pizza and grass-fed organic beef.

In almost every conceivable category, healthier, eco-friendly alternatives exist. But it wasn鈥檛 always so, recalls聽Barney Feinblum聽(MBA鈥�75) who reopened the 麻豆影院 natural foods grocery last year at its original location on Broadway and Arapahoe where it had been from 1983 until 1996.

鈥淏ack in the day, you had to be pretty committed to buy this stuff,鈥� says Feinblum, 64, who moved to 麻豆影院 from the East Coast in 1972 and 鈥� at the urging of his wife-to-be Julie Ann 鈥� started shopping at hole-in-the wall natural foods stores in 麻豆影院.

鈥淚f you got apples they were shriveled with worm holes, and the produce looked a little stepped on. You definitely didn鈥檛 have coffee or red meat or alcohol . . . The industry has come a long way.鈥�

Feinblum should know. As former CEO of Celestial Seasonings and Horizon Organic Dairy, and the voice of financial reason behind numerous other natural product companies, the diminutive, bespectacled dealmaker has not only watched the industry鈥檚 wild ride from hippy niche to $81 billion goliath, he has 鈥� in many ways 鈥� been driving the bus.

鈥淗e was a critical part of two companies that ended up taking natural products out of the health food niche and into mainstream America,鈥� says Alfalfa鈥檚 co-founder Mark Retzloff, who first met Feinblum 30 years ago. 鈥淗e is one of the icons of the industry.鈥�

Born in Brooklyn, N.Y., in 1947, Feinblum got his 鈥渂asic training in life鈥� in the city before heading to Cornell University for a degree in industrial engineering and immersion into the 鈥�60s counterculture.

鈥淭he seeds of revolution were being planted, and I jumped in,鈥� recalls Feinblum, his accent tinged with a hint of New York, his rosy cheeks sporting a 麻豆影院esque glow.

After hearing about 麻豆影院 from a Buddhist friend, he gravitated West, taking a series of jobs in the pre-fab home business before enrolling at CU for an MBA in finance. He lovingly credits Julie Ann, his wife of 38 years, for footing the bill.

His first job out of grad school was a lucrative but wholly unglamorous one, working the night shift as a foreman at the Samsonite Factory in Denver. As the suitcases rolled off the conveyor belt emblazoned with the tag 鈥渂uilt under the supervision of Barney Feinblum,鈥� he dreamed of a shorter commute and better hours. When his wife clipped out a tiny ad for a job at Celestial Seasonings, he donned a suit and tie, grabbed his briefcase and went calling.

鈥淚 was greeted by the secretary who was barefoot and lived in a tepee and led me up to the head of human resources who was in shorts and a T-shirt,鈥� he recalls. 鈥淚 immediately took a two-thirds pay cut and went to work for this group of rag-tag hippies. I think I was the first one hired into management who was not a friend or relation.鈥�

With his unique blend of business and engineering smarts, East Coast bluntness and 鈥�60s idealism, he was a welcome addition to the industry.

鈥淲hat Barney always brings is good financial discipline,鈥� says Retzloff, who founded the original Alfalfa鈥檚 at Broadway and Arapahoe in 1983 and met Feinblum when he reached out to Celestial Seasonings for financing. The two have been partners in numerous ventures since.

鈥淎 lot of entrepreneurs have good ideas and are passionate, but you also have to have someone who understands the business end,鈥� he says. 鈥淭hat鈥檚 Barney. He likes to do deals.鈥�

By the time Feinblum left Celestial Seasonings in 1993, the company had grown from a $5 million company housed in eight makeshift warehouses to a $55 million enterprise with a state-of-the-art 150,000 square-foot factory.

But those years were not always smooth.

In 1983, just hours after the company held its Initial Public Offering, a Mississippi woman landed in the hospital with blurred vision after drinking Celestial Seasonings tea she claimed was contaminated with the toxic plant belladonna. Feinblum, then chief financial officer, had to abort the IPO.

鈥淚t restricted capital to the natural products industry for a decade,鈥� Feinblum says, calling it one of the lowest moments in his career. 鈥淚t put a negative financial tone on the whole industry.鈥�

The following year, Kraft Foods purchased Celestial Seasonings and made Feinblum CEO. But the stodgy corporate Kraft and the funky grassroots Celestial clashed. At one point, the Velveeta giant sent in 鈥渟pies鈥� to investigate rumors that there was a 鈥渄rug problem鈥� at the tea company, Feinblum recalls. He started scheming a way to buy the company back.

In 1988, just as tea-giant Lipton was poised to swoop in, buy Celestial from Kraft and close the 麻豆影院 plant, Feinblum and聽Caryn Ellison聽(MBA鈥�82) 鈥� Celestial鈥檚 planning director at the time 鈥� pulled off an 11th-hour deal and purchased the company back with the help of investment group Vestar Capital Partners.

鈥淲e wanted to keep the culture of Celestial and its values alive,鈥� Feinblum recalls. 鈥淚t was about empowering employees. There were no glass ceilings for women, minorities or gays. We had concerns about the environment and corporate responsibility and giving back to the community.鈥�

After leaving Celestial Seasonings in 1993, Feinblum took a job at Horizon Organic Dairy, which Retzloff and partner Paul Repetto had launched in 1991 as a yogurt company.

Feinblum led the company to its own IPO in 1998, and by the time he left the company in 1999, sales were close to $90 million. Today, Horizon is the best-selling dairy brand in America.

鈥淢ilk went on to become the gateway product for people to get into organic foods,鈥� Retzloff notes.

Feinblum has since gone on to found organic winemaker Organic Vintners, co-found Greenmont Capital Partners, a 麻豆影院-based venture capital firm, and served on the boards of several other natural products companies. He also serves on the board of the Deming Center for Entrepreneurship at CU-麻豆影院.

But one of his proudest moments came on Earth Day 2011 when he helped to reopen Alfalfa鈥檚, a mainstay in 麻豆影院 that closed in 1996.

Rival Wild Oats had purchased the iconic natural grocer in 1996, and when Whole Foods Market gobbled up Wild Oats in 2007, the Federal Trade Commission 鈥� concerned about anti-trust issues 鈥� ordered Whole Foods to sell dozens of its stores, including the one at Broadway and Arapahoe.

Again, Retzloff and Feinblum came knocking.

鈥淲e felt it was important for the store to be back in town and really represent what the 麻豆影院 community is all about 鈥� locally owned and engaged with the community and the neighborhood,鈥� Retzloff says.

Sitting in his office, adjacent to the 20,000-square-foot Alfalfa鈥檚 brimming with organic milk, herbal teas and shelves full of other products he helped bring to market, Feinblum 鈥� who is eyeing retirement soon 鈥� couldn鈥檛 be more proud.

鈥淚t has been really fun to see all the things we preached about years ago coming to pass,鈥� he says. 鈥淲e made decisions based on values, not necessarily what would pay the most money. We did it to change the world, and we ended up being rewarded.鈥�

Photos courtesy of聽Glenn Asakawa

Here鈥檚 a look at a few CU-麻豆影院 grads who have played a pivotal role in growing the natural products industry.