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Tag: Whole Foods

The restaurant industry overindulged — and now it’s paying the price | The Washington Post

The restaurant industry overindulged — and now it’s paying the price | The Washington Post

So what is going on with diners? Experts say a confluence of factors is likely driving their decision-making. For starters, many restaurants have seen high workforce turnover of late and are relying heavily on part-time help, leading to an uneven eating experience, said Bonnie Riggs, a restaurant industry analyst for NPD. “They’ve not paid enough […]

Whole Foods under fire for selling chopped cheese sandwich for $8 | NY Daily News

Whole Foods under fire for selling chopped cheese sandwich for $8 | NY Daily News

Whole Foods is asking NYC residents to double down on one of their delicacies. The pricey food-store chain rolled out a chopped cheese sandwich for $8 — but savvy shoppers know you can find the same product in most bodegas for just half the price. The “chopped cheese” — New York’s version of the Philly […]

Can Whole Foods shed its ‘whole paycheck’ rep with ‘everyday low prices’? | Food Dive

Can Whole Foods shed its ‘whole paycheck’ rep with ‘everyday low prices’? | Food Dive

Dive Insight: While Wal-Mart’s “everyday low prices” strategy has been incredibly successful, other retailers have attempted to duplicate the concept and failed. Whole Foods first made its low price guarantee at its 365 chain to reach more lower-income, urban markets where a traditional Whole Foods store is less likely to succeed. Business Insider discovered that […]

Whole Foods Sets Up Shop in Low-Income Neighborhoods | WSJ

Whole Foods Sets Up Shop in Low-Income Neighborhoods | WSJ

It remains to be seen, however, whether Whole Foods’ Englewood store will draw the traffic it needs to succeed. The planned Whole Foods in Newark is at a high-traffic intersection surrounded by office buildings, and the Detroit store stands across the street from a hospital and college. The Englewood store is near a community college […]

Whole Foods (WFM) Q3 Earnings: Will the Stock Disappoint? | Zacks.com

Whole Foods (WFM) Q3 Earnings: Will the Stock Disappoint? | Zacks.com

Factors Influencing this Quarter Whole Foods is revamping its pricing strategy and concentrating on value offerings. Moreover, it has come out with a new store concept targeting millennials and to stave off competition. Analysts pointed out that increasing competition and aggressive pricing may weigh on Whole Foods’ quarterly performance as more and more companies are […]

Whole Foods: The Old Model Isn’t Working – Whole Foods Market, Inc. (NASDAQ:WFM) | Seeking Alpha

Whole Foods: The Old Model Isn’t Working – Whole Foods Market, Inc. (NASDAQ:WFM) | Seeking Alpha

Americans are familiar with the classic Walmart story: The large retail giant enters a new market, and offers goods at prices local businesses are unable to compete with. Though many customers remain faithful to their local stores, the reduction in revenue at the hands of Walmart forces local businesses to close. This story will ring […]

Whole Foods Will Pay $500,000 to End New York Pricing Investigation | Bloomberg Business

Whole Foods Will Pay $500,000 to End New York Pricing Investigation | Bloomberg Business

Whole Foods Market Inc. agreed to pay $500,000 to settle an investigation that it overcharged customers for prepackaged food in New York City, resolving a spat that had hurt efforts to shed its “Whole Paycheck” image. The company said that there was no evidence of “systematic or intentional misconduct” but agreed to pay the fine […]

Whole Foods next big plan to boost sales: drop prices? | The Orange County Register

Whole Foods next big plan to boost sales: drop prices? | The Orange County Register

For years, Whole Foods has tried to shake its “Whole Paycheck” nickname, a reference to its premium pricing. It has long promoted its private label 365 line as a lower price option on groceries. Next year, the chain plans to launch a new concept called 365 by Whole Foods Market. The lower price concept is […]

Packaging Scandal Angers Whole Foods Shareholders | Courthouse News Service

Packaging Scandal Angers Whole Foods Shareholders | Courthouse News Service

“As a result of the individual defendants’ materially misleading statements, failure to implement, maintain, or follow (or take reasonable steps to cause the company’s officers to follow) adequate internal controls, and failure to discharge their fiduciary duties to Whole Foods and its shareholders, Whole Foods stock traded at inflated levels during the relevant period. However, […]

Price is a valuable position: So why do companies deliberately destroy theirs? | Ries & Ries

Price is a valuable position: So why do companies deliberately destroy theirs? | Ries & Ries

Headline in a recent issue of The Atlanta Journal-Constitution: Retailers to roll out low-price stores. As the newspaper pointed out, the Gap retail chain is in trouble and is closing 175 stores. Keeping the Gap Inc. (the corporate name) above water is the company’s low-priced Old Navy chain. Other retail chains have noticed the success […]