Friday, June 6, 2008

U.K. Whole Foods Coming Up Short One Year After Opening

It was the most eagerly awaited shop opening in London since Apple came to Regent Street in 2004.

Hundreds of people queued at the tills of Whole Foods Market and pundits predicted the three-storey Kensington store would trigger seismic changes to retailing in Britain.

But now, a year later, analysts say Europe's first organic superstore has failed to live up to the hype and has underestimated Britain's ferociously competitive grocery market, dominated by supermarket chains.


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