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Retailers, consumers and prices
Whole Foods selling 13 stores in settlement
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Natural and organic food grocer Whole Foods will sell 13 stores as part of a settlement that ends an antitrust battle with U.S. regulators over its acquisition of rival Wild Oats.
Is your store on the list?
- 7133 N. Oracle Rd., Tucson, AZ
- 8688 E. Raintree Dr., Scottsdale, AZ
- 2584 Baseline Rd., Boulder, CO
- 1651 Broadway St., Boulder, CO
- 3180 New Center Pt., Colorado Springs, CO
- 5910 S. University Blvd., Littleton, CO
- 9229 N Sheridan Blvd., Westminster, CO
- 340 N. Main St., West Hartford, CT
- 4301 Main St., Kansas City, MO
- 1090 St. Francis Dr., Santa Fe, NM
- 7250 W. Lake Mead Blvd., Las Vegas, NV
- 19440 N.W. Cornell Rd., Hillsboro, OR
- 6930 S. Highland Dr., Salt Lake City, UT
(Photo\Mike Blake, Reuters)
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With all the talk of going back to organic, it is good to have stores like Whole Foods around. Thank goodness Florida is not on the “hit list”. I just wish they would keep their prices somewhat lower, this would increase buyers. Their mark ups are just too high for those who earn just enough to get by. I do not understand why they have to let go of these stores. What’s the whole story – can someone explain please.
I would have liked to have seen a greater impact on Whole Foods from this settlement – apparently these were underperforming stores for them – what kind of punishment is that? I do think its unfortunate that the stores will simply close – its not like Wild Oats is going to reopen. So in the end its the consumer that suffers – either to the highly marked up foods at Whole Foods or because they now have one less place to shop for organics. Consumers need to learn their options for organic foods: farmer’s markets, local health food stores, and shopping online (www.shoporganic.com for one) are all good options.