Whole Foods rethinks pricing strategy

08/1/2006 | Houston Chronicle (tiered subscription model)

Whole Foods Market is considering repricing nonperishable items and branded organic and natural products in order to better compete with other grocers, CEO John Mackey said. The company, which increased its earnings to $53.9 million in most recent quarter from $40.4 million a year prior, has 86 stores under development and plans to bid for several former Albertsons locations.

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