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Published bySara Simmons Modified over 9 years ago
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Lexi Phillips and Kaitlynn Stratton
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Company History Premium priced, high quality, natural, organic super market Founded in 1980 in Austin, TX John Mackey, Renee Lawson Hardy, Craig Weller and Mark Skiles 342 stores
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Timeline 1981 – wiped out by flood 1984 – began expansion 1989 – expanded to West coast 1990’s – acquired 19 acquisitions and mergers 2002 – Canada 2004 – United Kingdom 2013 – Top 150 National Top Workplaces, World’s Most Ethical Companies, Fortune’s Most Admired Companies 2014 – 100 Best Companies to Work For
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Acquisitions and Mergers Whole Foods Market Whole Food Company Wellspring Grocery Bread & Circus Mrs. Gooch’s Fresh Fields Bread of Life Amiron Merchant of Vino Allegro Coffee WholePeople.com (e-commerce subsidiary) Nature’s Heartland Food For Thought Harry’s Farmers Market Select Fish Fresh & Wild Wild Oats Market
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Whole Foods, Whole People, Whole Planet “We strive to reach beyond food retailing. In fact, our deepest purpose as an organization is helping support the health, well-being, and healing of both people – customers, Team Members, and business organizations in general – and the planet.”
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Caring for Communities Community giving exceeds 5% of total net profits each year
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Strengths Strong cash flow and stock position Affluent neighborhoods Strong employee retention Deli, Catering Website
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Weaknesses “Whole Paycheck” Low employee efficiency Luxury Marketing costs of organic foods are higher
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Opportunities Health benefits of organic foods Private label branding Continue to expand internationally Recent advertisements promoting health
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Threats Changes in economy – consumer spending Low spend per trip Organic labeled items not strictly regulated Increase in competition
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Sources www.wholefoodsmarket.com bear.warrington.ufl.edu/dinopoulos/ECP6701/projects/CS-Whole%20Foods-Web.ppt www.slideshare.net/Fortune10/whole-foods-market-project http://www.wikiswot.com/SWOT/2_Retail/Whole_Foods.html
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