Whole Foods Market Inc. reported another less-than-stellar quarter this week, and within its disappointing results are lessons for other grocers like Publix Super Markets Inc. Whole Foods' same-store sales — which do not consider sales growth from new stores — fell 2.6% in the quarter that ended July 3. The organic grocer blamed the declined on competition from mainstream grocers like Publix and The Kroger Co. (NYSE: KR), which have stepped up their organic and specialty offerings in recent…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/08/01/whole-foods-woes-offer-a-cautionary-tale-for.html?ana=RSS%26s=article_search
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