From Bloomberg.com
Whole Foods has advertised that it’s looking to find suppliers and vendors to set up shop in its 365 stores through a program called “Friends of 365.” The new chain’s website says shoppers may see other businesses, such as body-care product sellers, record shops and tattoo parlors, inside 365 stores and on its outdoor patios.
The new locations will help Whole Foods “reach more communities than we would be able to with our mother ship,” Robb said during an interview on Bloomberg TV.
Whole Foods store sales dropped 1.8 percent in the most recent quarter as American millennials flock to cheaper natural-goods sellers, such as Trader Joe’s, Sprouts Farmers Market Inc. and even Wal-Mart Stores Inc. The first 365 by Whole Foods Market location will open in May in Los Angeles. Others are scheduled to open this year in Oregon and Washington.
There are three locations in Central Florida including its newest market in Altamonte Springs.
Read more from Bloomberg.com here.