Whole Foods Looking At Lower-Cost Opportunities

With recent same-store sales up just 2.8% (vs. their historical 7-8% average), Whole Foods is realizing what many of us knew a long time ago – its expensive to shop there and we can now buy natural and organic foods at our local Publix, Fresh Market, Trader Joes or even Bi-Lo or Food Lion, Winn-Dixie or Wal-Mart and Target.  They announced in a WSJ article that the company is considering a “hip, cool, tech-oriented” chain of smaller stores aimed at younger shoppers.  The reason – competition and rival stores jumping on the natural and organic food bandwagon, just what rose Whole Foods to their success.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on May 9, 2015, in Commercial, Development, Shopping Centers/Retailers and tagged , , . Bookmark the permalink. Leave a comment.

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