AUSTIN, Texas — Whole Foods Market here has hit the wall. The business model that once looked unstoppable has developed unforeseen flaws, challenging management to figure out how to keep the company on course in an economic downturn during which comparable-store sales have slid from double-digit growth into negative territory. The announcement earlier this month that Whole Foods has agreed to sell 17% of its equity to a subsidiary of Los Angeles-based Leonard Green & Partners to help ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.