Whole Foods is the largest retail chain store of "natural and organic foods" in the United States. They have demonstrated aggresive tactics in going after as much market share as possible in an increasingly competitive industry.
In the last fiscal year ended September 2006, publicly traded Whole Foods reported sales of $5.6 billion. The company is seeking to become dramatically larger by acquiring No. 1 rival Wild Oats for $565 million, though the Federal Trade Commission is attempting to block the proposed acquisition in court, arguing that the combined company would control too much of the natural foods market.
In the next few years, Whole Foods is opening 4 new stores in Hawaii -- on Oahu and Maui. Besides being a giant retailer of natural foods, they are also a giant when it comes to the square footage of their stores.
WHOLE FOODS MARKETS VS. NATURAL FOODS STORES IN HAWAI'I
Here's their size in square feet compared with the nearest existing natural foods market.
Down to Earth MO'ili'ili
('08 or '09)
Mana foods PA'ia, Maui
The local Hawaii health food stores and supermarkets will be affected by Whole Foods, and some may even close. The ones that survive however, will do so by adjusting and becoming better businesses.
Do you have a Whole Foods Market in your area and do you shop there? What do you like and don't like about them?
Read more information about Whole Foods Markets Opening in Hawaii.