Whole Foods gets taste for smaller store format

Jim Manson
1 Min Read

Whole Foods Market recorded a14% rise in sales ($2.7 billion) for the three months to 1 July.

The US natural food chain opened a record nine stores during the period, taking its store portfolio to 329 ( totalling 12.5 million sq ft). The retailer expects to open 25 stores during the fiscal year

Whole Foods recently signed leases averaging 37,000 sq ft indicating that it is developing a taste for smaller format stores (its traditional stores range from 50,000 to 70,000 sq ft).

Chief executive officer, Walter Robb, said: “Our accelerated growth plans are on track, and we believe we will continue to gain market share by further differentiating our shopping experience.”

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Jim Manson is editor of Natural Newsdesk, former editor-in-chief of Natural Products Global (whose influence and audience grew steadily under his editorship) and former editor of Natural Products News, a position he held for 16 years. A regular speaker, presenter and awards host at conferences and trade shows in the UK and across Europe, he has also written for national newspapers and magazines including The Guardian, Financial Times, The Times and Time Out.
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