Supermarket Wars Part Deux
Whole Foods, confounding regulators who argued the retailer would do otherwise, announced it was lowering prices at Wild Oats stores in the Rocky Mountain region.
While this might be seen as a way to calm anxious customers (or thumb its nose at regulators), it is also informed by something else: competition. On that score, Whole Foods said it was rolling out a smaller store format, called Whole Foods Market Express at a test site in Boulder, which will focus on value-priced products and items for shoppers in a hurry.
This smaller format store (the initial one located at the original Wild Oats location in Boulder is 18,500 square feet) might eventually be used in the battle against Trader Joe’s and Britain’s Tesco. The latter is opening "Fresh & Easy" markets
in the United States that will be around
10,000 square feet, with ready-to-eat meals and fresh produce (among the most profitable aisles […]
Original post by Samuel Fromartz and software by Elliott Back
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