Wednesday, April 2, 2008

Who Will Rival Whole Foods?

"Apr 01, 2008 (Pittsburgh Post-Gazette - McClatchy-Tribune Information Services via COMTEX) -- -- Shares of Whole Foods Markets rose slightly yesterday following news a British competitor is slowing its new U.S. store openings for a while. Still, the natural foods grocer's closing price of almost $33 represents a slide from the 52-week high of just over $53 set in early October and far from the $70 levels of early 2006.

Anyone who has fought for a space in the grocer's East Liberty parking lot might find it hard to believe, but it's been a challenging period for the people running the grocery chain that introduced more than a few shoppers to tofu hot dogs and soy milk.

While area fans wouldn't mind seeing Whole Foods step up the pace in opening a second location in the region, the Texas company has plenty of other things on its to-do list."


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