AUSTIN, Texas — Whole Foods Market here has sufficient operating capital “to grow as fast as we want to grow,” John Mackey, co-chief executive officer, told analysts last week — setting a goal for the chain of 1,000 stores.
“We are positioned to internally fund the acceleration in our new-store growth,” Mackey said during a conference call discussing second-quarter financial results, “and there is still plenty of runway [space] left in the U.S., and Canada and the United Kingdom hold great ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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.
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 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.
Already registered? Log In