Whole Foods Market Analysis

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Whole Foods Market is a mission driven company that aims to set the standards of excellence in food retailing. Their motto Whole Foods, Whole People, Whole Planet emphasizes that their vision reaches far beyond food retailing. Their success is measured by customer satisfaction, team member happiness and excellence, return on invested capital, active environmental stewardship, service in their local and global communities, and win-win supplier partnerships, among other things. The company’s boast a wide range of products to include grocery, meat, seafood, prepared foods and catering, bakery, coffee, tea, wine, beer, cheese, vitamins, nutritional supplements, body care, and lifestyle products including pet products, books, and household products (Whole Foods Market, 2017). Whole Foods income have seen a steady decline in 2014 through 2016. From 571 in 2014, 515 in 2015, to 503 million in 2016. There assets however have seen a growth, at 6,341 million in total assets in 2016 up 600 million from 2015.
Industry Overview …show more content…
Aldi, and Trader Joe’s, Super Warehouse such as Cub Foods and Food 4 Less, Whole sale Clubs like Sam’s Costco and BJ’s, Super Centers such as Walmart and Target, Military commissaries in addition to smaller grocery store, Dollar store and Drug stores. Each of these competes with Whole foods on the basis of store ambiance and experience, product selection and quality, customer service, price, convenience or a combination of these factors. The Food Industry boasts 3.4 million employees and in 2015 38,015 of them net more than 2 million in annual sales. With a median weekly sales per supermarket in 2015 of $354,865. Carrying an average of 39,500 items.

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In addition, they start their organic food from the upstream, which is sourcing local farmers who strongly believe in environmental friendly, quality foods, and great health as suppliers. They will choose the products that only meet their standard; for example, all organic foods that are sold in the U.S.A are required to meet the United States Department of Agriculture (USDA) organic standards, which customers can make sure that the products are grown in environmentally friendly ways (Quality standards…

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Csr: Corporate Social Responsibility Essay

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The sole objective of establishing Whole Foods as a brand name is to increase its market share. Whole Foods competitors, such as Kroger Co. have increased their annual sales by more than 10% in recent years. This is reducing the market share that Whole Foods currently had and at one time was the envy of the natural and organic foods industry. As a result in order to increase their market share big grocery chains are pressured to decrease their prices of their products and they are also launching…

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Whole Foods Paper

to internationalize is Whole Foods Market. This is an American company, founded by 4 men with previous experience in the grocery business. John Mackey and Renee Lawson worked at a grocery store called Safer Way Natural Foods, and Craig Weller and Mark Skiles worked at Clarksville Natural Grocery. These four men thought that it would be wise to combine their expertise and merge these companies and create Whole Foods Market in 1980. This was a wise decision, because Whole Foods has been growing and has…

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