In the spotlight: Whole Foods revival signals return of premium
By: Katy Askew | 14 May 2010
Once the darling of Wall Street, Whole Foods Market spent much of the last 18 months out in the cold as it witnessed sales and profits slide in the face of the economic downturn. However, the company's stock surged to a two-year high yesterday (13 May) after the natural and organic retailer reported strong sales and profits growth. With the economic outlook brightening, it seems Whole Foods is beginning to witness something of a renaissance. Katy Humphries reports.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
Once the darling of Wall Street, Whole Foods Market spent much of the last 18 months out in the cold as it witnessed sales and profits slide in the face of the economic downturn. However, the company's stock surged to a two-year high yesterday (13 May) after the natural and organic retailer reported strong sales and profits growth. With the economic outlook brightening, it seems Whole Foods is beginning to witness something of a renaissance. Katy Humphries reports.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
Best bits: Bolland set to make his Marc on M&S
Evolution, not revolution. It's a favourite phrase of Marks and Spencer chief executive Marc Bolland and tomorrow (9 November) the City and the food industry will hear just what the Dutchman has in store for the UK retailer.
Editor's choice: the highlights on just-food this week
This week has seen a raft of financial results that have given us a chance to gauge the health of the sector. It's been a mixed bag - Kellogg's sales and profits slid - but there were positives to take from the likes of Kraft Foods and Unilever. Elsewhere, Wal-Mart Stores has its eyes on emerging markets expansion, we have had analysis of Whole Foods Market's performance and a discussion of public health policy in Canada.
Quote, unquote: just-food's week in words
Within a raft of trading updates this week, Kellogg and Chiquita Brands International posted disappointing results, although Unilever and organics retailer Whole Foods Market had better news for the market. Heinz is entering what may become a protracted series of negotations with its Wigan staff over wages, while rumours abound that Marks and Spencer may look to re-acquire the stores in western Europe that it sold in 2001. Here's the best of what was said this week.
Market research related to this article
Company Financials: Whole Foods Market, Inc.
The Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and ca...
Driving Brand Loyalty in Food and Drinks: Strategies to improve customer retention through consumer engagement
The retail and brand landscape today is very different from five years ago. The recession has been deeper than any recent experience and there has been a heavy toll in failed retailers and brands.Consumer behavior and attitudes have changed substanti...
Kroger Co., The - SWOT Analysis
Datamonitor's Kroger Co., The - SWOT Analysis company profile is the essential source for top-level company data and information. Kroger Co., The - SWOT Analysis examines the company’s key business structure and operations, history and products, and ...
