Thursday, June 21, 2007

Say Goodbye to Henry's and Sun Harvest if Whole Foods Prevails

"Whole_Foods_Market has said that it is planning to sell 35 stores if it wins its case with the US Federal Trade Commission concerning Whole Foods Market's merger with Wild_Oats Markets.

Whole Foods said that if it won its case with the FTC and closed the merger then it would transfer all 35 Henry's and Sun Harvest store locations, and a California distribution centre to a wholly-owned subsidiary of Smart & Final Inc., a Los Angeles-based food retailer.

"We have determined that these stores do not fit into Whole Foods Market's long-term real estate and brand strategy," said Whole Foods Market CEO John Mackey. "It is important to us to ensure a smooth transition and to be open about our plans because of the employees and loyal shoppers at these locations. We believe both will be well served by Smart and Final's business focus."


Read the article

I am really going to miss Wild Oats.