The man who sold his supermarket to Whole Foods talks about the future of grocery stores - News Summed Up

The man who sold his supermarket to Whole Foods talks about the future of grocery stores


(Brendan McDermid/Reuters)Every Sunday morning, I head to my nearby Whole Foods and beat its 8 a.m. opening by several minutes. Whole Foods stock bottomed below $5 a share during the Great Recession, zoomed toward $65 in 2013, splitting on the way. Ordan, 58, was founder and chairman of Fresh Fields Markets, a Maryland-based natural foods grocer that merged with Whole Foods in 1996. [Here’s how the Amazon-Whole Foods deal affects you]How is Whole Foods different today than when you guys merged? So having drop off and pick up bins in their own (Whole Foods) stores is very powerful.


Source: Washington Post August 30, 2017 20:06 UTC



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