• Whole Foods halts growth of its cheaper '365' stores

    11 days ago - By Chron

    Jessica Tyler/Business Insider
    Amazon-owned Whole Foods is halting growth of its smaller, cheaper chain of stores called 365 by Whole Foods Market.
    In an internal email, Whole Foods CEO John Mackey cited a diminishing price gap between the newer chain and Whole Foods' traditional stores as the reason for the change.
    All 12 of the 365 stores that the company has already built will remain open, Mackey said in the email, which was reviewed by Business Insider.
    Amazon-owned Whole Foods is reportedly scrapping the chain of stores it launched in 2016 that was meant to be smaller and cheaper than...
    Read more ...

     

  • Whole Foods halts growth of its cheaper '365' stores as the CEO cites pricing problems

    Whole Foods halts growth of its cheaper '365' stores as the CEO cites pricing problems

    11 days ago - By Business Insider

    Amazon -owned Whole Foods is halting growth of its smaller, cheaper chain of stores called 365 by Whole Foods Market .
    In an internal email, Whole Foods CEO John Mackey cited a diminishing price gap between the newer chain and Whole Foods' traditional stores as the reason for the change.
    All 12 of the 365 stores that the company has already built will remain open, Mackey said in the email, which was reviewed by Business Insider.
    Amazon-owned Whole Foods is reportedly scrapping the chain of stores it launched in 2016 that was meant to be smaller and cheaper than its traditional grocery...
    Read more ...