Whole Foods Market in 2010 Core Values and Strategy Wilmington University Name: Whitney Newman Date 1/13/13 Overview: Provide a brief overview of the company. Include such details as its history‚ present day situation‚ and any other pertinent information you think is helpful in understanding the company (points 5) * Whole Foods Market was founded in 1980 working with natural and healthy foods in Austin‚ Texas; it’s one of the world’s largest of natural and organic foods supermarkets. In
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WHOLE FOODS CASE QUESTIONS 1. What are the chief elements of the strategy that Whole Foods Market is pursuing? Whole Foods Market is pursuing the elements in their strategy of fresh‚ natural and organic foods and products with no preservatives or artificial ingredients. Promote a healthier lifestyle and increasing consumer knowledge of food safety and environment. They also educate consumers on how pesticides affect the land as well as the human body. 2. Is Whole Foods’
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that I chose is Whole Foods Market (WFM). I chose Whole Foods Market because this is a business that was built from a small market to a huge nationwide supermarket chain that markets delicious natural groceries and prepared foods that involve local producers that help sustain communities and businesses within; and it’s a place I know and shop. Whole Foods is a national grocery store chain that specializes in natural and organic foods‚ some of which are produced locally. Whole Foods is not only devoted
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ปัญหาที่ John Mackey ต้องการจะทราบก็คือ จะทำอย่างไรให้ whole food market สามารถมีrevenue $10 billion และ มีสาขามากกว่า300 สาขาภายในปี 2010 โดยยังคงรักษาคุณภาพในสินค้าและบริการ และชื่อเสียงที่มีอยู่ได้ ซึ่งข้อมูลที่แสดงในปี 2004 พบว่าบริษัทมี revenue $3.86billon และมี 172 สาขาในประเทศอเมริกา แคนาดา และอังกฤษ จากการวิเคราะห์สถานการณ์สภาพแวดล้อมทั้งภายนอกและภายในของ Whole food market ทำให้สามารถนำมาใช้ประเมินตัวเลือกกลยุทธ์ในการดำเนินธุรกิจเพื่อหาทางเลือกที่ดีที่สุดได้ดังนี้ • เนื่องจากลูกค้าเป็นพื้นฐานหลักของความสำเร็จของบริษัท
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Industry Analysis Dominant Industry Characteristics Since going public in 1991‚ Whole Foods has focused on acquiring other small owner-managed natural and organic food stores as well as opening new stores of their own. However in 2002-2006‚ they decided that instead of making acquisitions‚ Whole Foods growth strategy would be based on opening new stores. Whole Foods chooses upscale‚ urban metropolitan areas to place their stores. These locations are high traffic shopping locations‚
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Whole Foods 1. Using the ABC model of an attitude‚ analyze what John Mackey’s online comments about Wild Oats reveal about his attitudes. The Affect of Mackey’s attitude can be seen in his statement to Perry Odak‚ the owner of Wild Oats‚ stating that “I’m going to destroy you”. The Affects can also be seen in Rahodeb’s online posted when he stated that “[Wild Oats management] clearly doesn’t know what it is doing. It has to future and no value. The verbal statement about Mackey’s feelings
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Strategy for Whole Foods Market Current Strategic Issues 1. How does Whole Foods sustain positive growth in sales? 2. How does Whole Foods cope with the downturn in the economy? 3. How does Whole Foods achieve sustainable competitive advantage? Rationale for Issues One of Whole Foods main strategic issues is how it should sustain positive growth in sales. Sales growth in 2008 was 0.8%‚ compared to sales growth increase of 8.2% in 2007. However‚ much of these low sales growth figures
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that Whole Foods Market is pursuing? Answer no 1: The chief elements of the strategy which whole food market Is pursuing is providing their customer the natural food products with the finest quality standard‚ least processed and naturally preserved food available in the market. To satisfy and delight their customers and their worker or employee by caring about their communities and the envoirment friendly attitude toward their health. According to the strategy diamond model ARENA: Whole food
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Whole Foods Case Analysis 1. The chief elements of the strategy that Whole Foods Market is pursuing are whole foods‚ whole people‚ and whole planet. The whole foods portion describes the type of product being offered. The products are as close to natural as possible. Whole people describe the type of environment the employees have at Whole Foods Market. The employees are treated fairly‚ passionate‚ and highly motivated. Lastly‚ whole planet refers to the responsibility companies and individuals
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that Whole Foods Market is pursuing ? ANS: After reading the case‚ I think that they are using acquisition as their main element of strategy. As the Exhibit 4 “1992-2007 Major Acquisition by Whole Foods Market” shown‚ they had bought 134 stores in 15 years. Their goal is to open bigger store but at the same time acquiring others stores‚ although the acquisition of Wild Oats didn’t go well since 2007 because the FTC opposed the acquisition on ground that the competition of the organic food market
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