AUSTIN, Texas -- Whole Foods Market here said last week it has agreed to acquire the four-unit Nature's Heartland chain in the Boston area for approximately $25 million in cash. John Mackey, chairman and chief executive officer of Whole Foods, said the proposed acquisition solidifies "our position as the area's leading natural- and organic-foods supermarket." "It's a good move for [Whole Foods]," Sandy Raju, an analyst with Merrill Lynch, New York, told SN. "It's their most productive ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.