Whole Foods Whole Foods is also trying to appeal to a broader audience by shaking its “Whole Paycheck” image. To bring down its prices, the company has been pushing its store brands, such as its 365 Everyday Value line. The company, which has 400 locations, said it sees potential for…
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Whole Foods to pay fine of $800,000
Whole Foods will pay about $800,000 in penalties and fees after an investigation found the grocery retailer was overcharging customers in California.
State and local inspectors discovered that purchased foods weighed less than the label advertised and the weight of salad bar containers…
Whole shares drop 20% afer reporting low profits
The shares of the organic food seller Whole Foods dropped 20% the after the company issued their first quarter earnings, the drop has triggered the market safeguards to protect against the rapidly dropping shares.
The high-end grocery stores’ stock price dropped $9.85, or 20.5% as it closed at…
Whole Foods cuts profit as competition gets tougher
Whole Foods have had to cut its profit outlook for the third time in the recent months as the company announced their quarterly revenue. The increasing competition the grocery chain has been facing in the market for organic and natural foods has made profits tougher for the company.
Based out of…