AUSTIN, Texas — Whole Foods Market here said yesterday that despite posting negative comparable-store sales in the recently ended fiscal fourth quarter, trends are improving. "We believe our sales have stabilized and officially turned the corner," said John Mackey, chairman and chief executive officer, in a prepared statement. In the first several weeks of the first fiscal quarter, comparable-store sales have turned positive, he said, with gains of 1.6%, while same-store sales grew 0.4%. ...
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.