Lexi Phillips and Kaitlynn Stratton. Company History Premium priced, high quality, natural, organic...
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Transcript of Lexi Phillips and Kaitlynn Stratton. Company History Premium priced, high quality, natural, organic...
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
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
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.”
Strengths
• Strong cash flow and stock position• Affluent neighborhoods • Strong employee retention• Deli, Catering • Website
Weaknesses
• “Whole Paycheck”• Low employee efficiency • Luxury• Marketing costs of organic foods are
higher
Opportunities
• Health benefits of organic foods• Private label branding • Continue to expand internationally • Recent advertisements promoting
health
Threats
• Changes in economy – consumer spending
• Low spend per trip • Organic labeled items not strictly
regulated • Increase in competition
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