Seeking Alpha

Whole Foods Market to enter new urban areas

  • Whole Foods Market (WFM) continues to strike deeper into urban areas with a new store planned for the south side of Chicago falling outside of its typical target area.
  • The company was enticed by Chicago politicians to become an anchor in a developing city project - instead of jumping into well-established urban sprawl.
  • The new stores will test the grocery chain's ability to pass on premium prices to consumers.
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Comments (1)
  • Bbloomlu
    , contributor
    Comments (257) | Send Message
     
    The store in Detroit is doing better than all expectations. If it works there it will do well in Chicago.
    9 Sep 2013, 01:11 PM Reply Like
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