Whole Foods Market already hit the headlines of the organic food distribution sector earlier this year, in the beginning of June, with the announcement of a new store format, 365 by Whole Foods Market. Offering every day low prices on natural healthy products, in smaller stores, the 365 won't give up on the quality or freshness company's standards. The first locations are due to open in 2016. The exact number isn't known yet but the first one should open in the Silver Lake neighborhood of L.A., followed by Bellevue, Washington, Houston, Portland, Oregon, and Santa Monica, California.
As for the Whole Foods Market chain, the number of 1,200 locations is a long-term goal. With already more than 420 stores, the company wants to triple that number in order to be ready against its fierce competitors: "For the last couple of years, we’ve been the hunted. This turns us back into the hunter" said Walter Robb, co-CEO, adding "In this rapidly changing marketplace, we believe we are taking the necessary steps to position ourselves for the longer term."
*Photo: David Shankbone
News in the same category
News published on 05/09/2019
U.S. retailers have recently announced 6,000 store closures to date which is already more than the total for last year.
News published on 03/22/2019
Sephora, the beauty retail specialist is set to open 35 stores through the United States in 2019.
News published on 11/14/2018
Amazon has been making waves within the digital community for more than a decade and recent innovations have enabled this massive firm to translate its services into the physical world.
News published on 07/15/2015
For American Apparel right now, there is no other solution than closing stores and laying off employees: the company has to save $30 million.