Have Buyers Changed Their View of Whole Foods Market?
Whole Foods (WFMI) reported weak earnings last night. The CEO made a comment that the company's products are no longer as differentiated as they used to be, implying the competition has caught up.
This makes it tough for the company to continue charging premium pricing for its products. I still shop at WFMI, as I like the offerings they have. My local Ralph's doesn't have a big organic section. But I'm curious, if you buy organic/natural foods regularly, where do you shop?
thx
4 Comments:
How do you vote for two? Our family shops at both Whole Foods and Trader Joes.
just vote twice!
I would put my money on Trader Joes--From what i've seen they have a very grass-roots type following. Very loyal customer base. What do you think of Trader Joes position in the market as compared to Whole Foods?
I think TJ's is def. gaining momentum as fast as WFMI is losing it. They used to be more specialty items, but their product offerings have improved a lot.
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