Beginning in 1980 with one small store in Austin, Texas, undivided Foods has grown to become the worlds star(p) retailer in natural and organic foods. There atomic number 18 now more than 270 stores in North America and the get together Kingdom. Until now, Whole Foods has been on the fast track and the future looks vivid for Whole Foods. Yet, some threats coexist with some opportunities as well.
first of all, the fact that nodes interests in their everyday diets are increasing is a positive signal to Whole Foods. In general, people considering brawny foods tend to buy natural and organic foods. The more customers are interested in natural and organic foods, the better dividing line opportunities are given to Whole Foods. In addition, its good reputations for the customers satisfaction and the contribution to the communities allow it to expand its horizons with comfort.
disdain many strengths mentioned above, Whole Foods is sensitive to the boilers suit economic condition, a weakness that it should overcome.
According to the Wall Street Journal (Mar 29, 2010), Whole Foods receipts had plummeted 27.8% year-on-year in 2008 due to the aftermath of the financial crisis. Then, its revenue increased nearly 20% in 2009 as the overall economy recovered.
One possible solution is to expand its stores to the divers(a) areas, benefiting from scale of economy. Therefore, Whole Foods is able to pioneer a new-sprung(prenominal) market, increasing its revenue and bargaining power. In conclusion, by enlarging its horizons, not only is Whole Foods able to stabilize during the recession fulfilment but also become less affected by the external environment.If you want to get a full essay, exhibition it on our website: Ordercustompaper.com
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