Preview

Whole Foods

Powerful Essays
Open Document
Open Document
3063 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Whole Foods
Patrick Arnason MGMT 475 Paper #1 1/23/12
Ensuring Whole Food 's Future
The organic foods giant originated in 1978 as a simple dream by its CEO and founder John Mackey: to do something different with food. His vision first began with the simply realization of food 's importance in personal well-being. It all began as a humble storefront in Austin Texas, Mackey and his then girlfriend, Renee Hardy, who made everything from scratch and helped develop this grocer empire. Together, their budding company became America 's first national certified Organic grocer (Whole Foods Market, 2011). Today, with over 330 stores expanding across North American and the UK and with around 60,000 employees, Whole Foods Market is the world 's largest grocer of natural and organic foods.
Current Strategy
Whole Food 's path to international success stems from CEO and founder, John Mackey 's initial vision for the company, “To promote vitality and well-being for all individuals by offering the highest quality, least processed, most flavorful natural and naturally preserved foods available.” (John Mackey) Rather than becoming one of the dime-a-dozen smaller retail chains throughout America, Whole Foods set out to open its own massive stores of around 50,000 square feet (Meador & Britton). After Austin Texas, they expanded out to Houston, Dallas, Palo Alto, and even Eastward to New Orleans during the 1980 's. As Whole Foods continued to expand, through both opening new stores and merging with other companies, it began acquiring existing natural food stores, so that some twenty years later in 2006, it was the nation 's largest natural/organic retailer. From day one, their concept has been to create an inviting and interactive store atmosphere where shopping for food was a fun and pleasurable experience.
Analysis of the Industry
The Grocery industry, which includes conventional supermarkets, supercenter, limited-assortment and natural gourmet supermarkets, netted approximately



Cited: Dess, G., Lumpkin, T., Eisner, A., & McNamara, G. (2012). Strategic Management: Creating Competitive Advantages (6th Edition ed.). McGraw-Hill Irwin. Marquis, C., Besharov, M., & Thompson, B. Whole Foods: Balancing Social Mission and Growth. Harvard Business School. Meador, D., & Britton, M. Case-Analysis-WFM. Organic Foods Production Act of 1990 (November 10, 2005). The Natural Industry. (2012). Natural and Organic Food Industry. Retrieved from Natural Industry Jobs: naturalindustryjobs.com/natural-organic-foods.asp Thrill, C. (2013, January 17). National Grocers: Vast Runway for Growth In A Surging Industry. Seeking Alpha . Warner, M. (2006, May 12). Wal-Mart Eyes Organic Foods. Whole Foods Market. (2011). FORM 10-K. Washington D.C.: United States Securities and Exchange Commission.

You May Also Find These Documents Helpful

  • Better Essays

    Whole Foods Strategic Plan

    • 1273 Words
    • 5 Pages

    Whole Foods Market, Inc. which is headquartered in Austin, Texas, is an American foods supermarket chain it was founded by John Mackey who currently serves as the CEO of Whole Foods. To sum up their mission and vision statement, Whole foods as a company strives to help out in promoting positive health and well-being of people, this includes team-members, customers and the whole planet in general. Some of their core values include:…

    • 1273 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    The cornerstone of Whole Food’s strategy is to carry the highest quality, lowest processed-foods, and the most flavorful and natural preserved foods available. Whole Foods deepest purpose is to help support the health, well being, and healing of people (customers, the Whole Foods team, and businesses) and the planet. John Mackey, cofounder and CEO of Whole Foods, attributes the rapid growth and success of Whole Foods to developing and maintaining a uniquely mission-driven company; a company that is highly selective about what is sold, that remains dedicated to its core values and high quality standards, and is committed to sustainable agriculture. Whole Foods wanted to be the international brand for natural and organic foods and be the best food retailer in every community in which Whole Foods Markets were located. The chief elements of Whole Foods strategy are as follows:…

    • 5601 Words
    • 23 Pages
    Powerful Essays
  • Satisfactory Essays

    Whole Foods Market has managed to build a strong brand reputation and has achieved having unique products in their stores. They’ve mastered the ability to offer high quality organic food and carry a variety of products, which most organic markets are not able to achieve. Furthermore, when visiting their stores customers are welcomed into a positive employee environment (Whole Foods SWOT, n.d.).…

    • 271 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Whole Foods Market began operations during 1980 in Austin Texas and experienced rapid growth as a grocer providing high quality natural and organic food products. They are currently the leader within this industry as the potential markets are receptive to the healthy options that they provide. In addition to the operations held within the United States Whole Foods has also expanded into the UK and Canada and acquired other natural grocers such as Wild Oats and the Bread of Life.…

    • 4221 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    Grocery shopping is more diversified and evolved than ever before. Individuals across the nation have access to everything from exotic products to unique delivery services. Often, specialty stores have limited locations whereas specialty services have a limited reach. However, two retailers have expanded to hundreds of locations while adhering to unexpected market positioning for previously untargeted market segments. Whole Foods Market and Trader Joe’s have become household names while also innovating beyond regional and national traditional chains. Despite comparable size in terms of locations, each store’s growth has operated using a very different model. This document will address the various facets for both Whole Foods Market and Trader Joe’s in order to understand how each business model has won a piece of the market pie and share of wallet. Whole Foods Market Background and History In 1978, John Mackey had a vision to build a store that would meet his desire for whole, natural foods as part of the movement away from artificial, processed foods. Mackey was a college dropout, but against all odds he was able to borrow $45,000 in capital financing and open his first store for what would become Whole Foods in Austin, Texas.1 By all accounts it has been an incredible success and the most recent annual report (2009) reveals that there are 284 stores across most of the United States with a handful in Canada and Great Britain.2…

    • 5247 Words
    • 21 Pages
    Good Essays
  • Powerful Essays

    Case 2: Whole Foods Market

    • 1281 Words
    • 6 Pages

    2. Is the Whole Foods’ strategy well matched to market conditions in the food retailing industry?…

    • 1281 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    Originally, Whole Foods Market (WFM) was founded in Austin, Texas, in 1980 with a staff of 19 people. As soon as the store opened, it was an immediate success and there were less than half a dozen natural food supermarkets in the United States. From 1980 to present day, the company has grown primarily through various mergers and acquisitions, which have included their signature brand coffee Allegro and Wild Oats Markets. Currently, they have 299 stores, 18 more than their 2009 figures. (Whole Foods Market, 2010)…

    • 2780 Words
    • 12 Pages
    Best Essays
  • Satisfactory Essays

    Whole Foods Case Study

    • 643 Words
    • 3 Pages

    Whole Food is the largest organic food conglomerate, currently has over 260 stores in the US, and a growing presence in Canada and the UK. It is regarded as one of the fastest growing companies in the completive grocery market and topped the list in Forbes as “100 Best Companies to Work For.”…

    • 643 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The supermarket and grocery store industry is the largest food retail channel in the United States. According to the U.S. Census Bureau, grocery stores accounted for around 90% of the country’s food and beverage store sales. 2016 has been a difficult year for all players in this industry because of increasing in competitive landscape. Organic and natural food players like Whole Foods have had tough time because of the entry to this segment of lower priced and big retailers players such as Walmart or…

    • 85 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Yes, Whole Foods’ strategy is well matched to the market conditions. Their product line strategy is focused on providing natural, organic, and gourmet food and nonfood items to their customers. Whole Foods is recognized by the USDA as being a Certified Organic grocer by Quality Assurance International. This means that all their products are grown organically; the products are grown without the usage of pesticides, fertilizers, bioengineered, growth hormones, or antibiotics.…

    • 1041 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Whole Foods Market Essay

    • 4250 Words
    • 17 Pages

    Founded in Austin, Texas, in 1980, Whole Foods Market pioneered the supermarket concept in natural and organic foods retailing. It is currently the world's #1 natural foods chain.…

    • 4250 Words
    • 17 Pages
    Best Essays
  • Good Essays

    As the world’s healthiest grocery store, Whole Foods has a high competitive strength in a very attractive industry. Since 1991, it has expanded globally through opening new stores and acquisition. After acquiring…

    • 671 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Whole Foods Case

    • 659 Words
    • 3 Pages

    Whole Foods was founded in 1980 and it is the world’s largest retail chain of…

    • 659 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Whole Foods on the other hand was established 1980 in Austin, Texas and is the world’s leader in natural and organic foods with more than 310 stores in North America and the United Kingdom. Whole Foods searches for the highest quality, least processed, most flavorful and natural foods for their customers (Whole Foods Market. 2012).…

    • 1481 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Whole Food

    • 2211 Words
    • 9 Pages

    Whole foods was founded in 1980 in Austin, Texas with the staff of only 19 people and by 2009 whole foods was a leading brand in natural and organic food industry with 289 stores in USA, Canada and in Great Britain. Whole Foods offers highest quality, least processed, most favorable naturally preserved and fresh foods available, and it marketed them in appealing store environment with best customer service.…

    • 2211 Words
    • 9 Pages
    Powerful Essays

Related Topics