Whole Foods Shrinking Store Count Amid Early Signs of Attrition in Increasingly Crowded Specialty Grocery Sector!
Whole Foods Shrinking Store Count! After becoming the darlings of shopping center developers and fast-tracking expansion plans, national organic and specialty grocers such as Whole Foods Market Inc. and several regional grocery chains have recently announced plans to trim store counts and scale back growth plans in another sign of the increasingly competitive US grocery store sector!
Whole Foods is slowing down the roll out of its smaller 365 By Whole Foods discount grocery stores in light of declining samestore sales and earnings.
Read more at: http://www.costar.com/News/Article/Whole-Foods-Shrinking-Store-Count-Amid-Early-Signs-of-Attrition-in-Increasingly-Crowded-Specialty-Grocery-Sector/188993