Andrew Wolf, managing director for BB&T Capital Markets, Richmond, Va., said the deceleration of comps in the first few weeks of the first quarter “reflects a negative but not quantified impact from Hurricane Sandy and a difficult year-ago comparison due to a gift card promotion with LivingSocial.” Mackey said Whole Foods is narrowing the price gap with other retailers, with its price position relative to 80 competitors improved by 100 basis points, “resulting in ...
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