América Retail | Homepage
Wednesday, April 26, 2017

La primera comunidad del retail en Latinoamérica

USA: Whole Foods is closing stores

USA: Whole Foods is closing stores

Febrero 10, 2017

👤Periodista: María Alejandra Lopez Fuente: Business Insider 🕔10.Feb 2017

 

Whole Foods is shrinking its store count for the first time since the recession.

The grocery chain plans to close nine stores in the current quarter, which ends in April, while opening only six new stores, the company said Wednesday.

The closings represent a tiny fraction of Whole Foods’ 440 stores in the US, but they signal a new era of potentially stagnant growth for the troubled chain amid growing competition in the organic- and natural-food market.

The company’s same-store sales have declined in each of the past six quarters.

Read Also: How Amazon could shake up the mobile payment industry

The chain saw a 2.4% decline in that metric during its most recent quarter, the company said Wednesday.

Whole Foods is now scrapping its plans to eventually expand to expand to 1,20o stores across the US.

Company executives said they are going to wait and see how recently opened stores perform before making any long-term commitments on future growth.

In the meantime, here are all the stores that will close by April:

  • Santa Fe, New Mexico
  • Boulder, Colorado
  • Colorado Springs, Colorado
  • Salt Lake City (Draper)
  • Davis, California
  • Augusta, Georgia
  • Prescott, Arizona
  • Encinitas, California
  • Chicago (South Evanston)

Articulos relacionados

USA: FEMSA explora cadenas de restaurantes en EEUU

USA: FEMSA explora cadenas de restaurantes en EEUU

Abril 25, 2017

  FEMSA explora el mercado de restaurantes de comida rápida con especialidad en café y panadería

USA: Now on sale: Jimmy Choo

USA: Now on sale: Jimmy Choo

Abril 25, 2017

  The luxury shoe and bag retailer Jimmy Choo has put itself up for sale in

USA: The retail apocalypse is accelerating

USA: The retail apocalypse is accelerating

Abril 25, 2017

  Mall traffic is sagging. Department store sales have been in decline since 2001. Most retailers

USA: Grocery chain Albertsons is exploring buying Whole Foods

USA: Grocery chain Albertsons is exploring buying Whole Foods

Abril 25, 2017

  Grocery chain Albertsons is exploring buying Whole Foods, according to the Financial Times' James Fontanella-Khan. The FT, citing

USA: J.C. Penney is expanding its partnership with Sephora

USA: J.C. Penney is expanding its partnership with Sephora

Abril 25, 2017

  J.C. Penney is expanding its partnership with beauty giant Sephora, online and offline. The retailer announced

Últimas Noticias

Newsletter

SECTIONS

América Retail