NewsArts & Culture / February 10, 2017

Whole Foods Cutting Back On Stores For First Time Since 2008

The move comes after six-straight quarters of sales decline, while other retailers like Kroger and Wal-Mart expand their organic food offerings.Whole Foods2017-02-10T00:00:00-05:00
Listen on   Listen on NPR

Original article posted on Read on NPR
Whole Foods Cutting Back On Stores For First Time Since 2008

People walk out of a Whole Foods Market in the Brooklyn borough of New York. (Spencer Platt/Getty Images)

Whole Foods is reducing its total number of stores, and moving away from its ambitious expansion target. The move comes after six-straight quarters of sales decline, and as other retailers like Kroger and Wal-Mart expand their organic food offerings.

Here & Now‘s Peter O’Dowd speaks with Michael Regan (@Reganonymous) of Bloomberg News about what’s next for Whole Foods.

Copyright 2017 NPR. To see more, visit NPR.

 

 

 

Related News

Indiana Wineries Opt For Local Flavor Over Wholesale Fame
Big Travel Boom Expected This Fourth Of July Weekend
Redesigned 2018 Subaru Crosstrek Is So Camp