john mackey

At the ninth-grade lunch bell, Rob Dube darted past the cafeteria to the locker he shared with Joel Perlman. Clients had already begun to line the hall as Dube retrieved his stash of Blow Pops, bought from Perlman’s uncle for a nickel a piece, and turned a 20-cent profit. That was just the...

The grocery sector nearly imploded last month on news that Amazon.com, Inc. (NASDAQ: AMZN) would acquire Whole Foods Market, Inc. (NASDAQ: WFM). While industry rivals brushed off the merger, assuring the Street of their competitive strategies and enduring worth, their wary shareholders took one...

For years, Whole Foods Market, Inc. (NASDAQ: WFM) was the industry darling. But deflating food costs and heightened competition from the likes of Sprouts Farmers Market Inc (NASDAQ: SFM) and Kroger Co (NYSE: KR) prompted the halving of Whole Foods’ share value between 2013 and 2015. Same-...

Shares of Whole Foods Market, Inc. (NASDAQ: WFM) have gained about 9 percent since November 4, when Bloomberg reported one of the company’s top 10 shareholders had met with potential activist investors to discuss making “sweeping changes” to the organic grocery chain, including...

Barclays does not want to dismiss the management changes announced by Whole Foods Market, Inc. (NASDAQ: WFM). The firm thinks the new management will have to make some hard decisions to make progress on its nine-point program as sales have not improved. On Wednesday, the company announced its...

Whole Foods Market, Inc. (NASDAQ: WFM) reported its Q4 results, with the traffic and comps missing expectations. Deutsche Bank’s Shane Higgins maintains a Hold rating on the company, while lowering the price target from $32 to $29. The company reported its Q4 WPS at $0.28, beating the...

Whole Foods Market, Inc. (NASDAQ: WFM)'s Q4 earnings update could “spark interest” from turnaround investors, with prospects of comps bottoming, cost cuts lending support to outlook and an improvement in governance, Credit Suisse’s Edward J. Kelly said in a report. He maintains an...

Cool cat and billionaire Sir Richard Branson surprised an audience of entrepreneurs in a convention held in Chicago this week when he recommended parents smoke pot with their kids. “If they're going to have a joint, do it with them,” the 66-year-old father of two said on stage...

A strange, but persistent rumor began last week that privately held Publix Super Markets plans to acquire publicly traded Whole Foods (NASDAQ: WFM). The rumor arose from a report on financial website, Briefing.com, that described “chatter” suggesting Publix was interested in buying...

Quartz writer, John McDuling’s recent tweet of a Piper Jaffray chart lends credence to the notion that Whole Foods Market (NASDAQ: WFM) wants to be more mainstream. At least more competitive. Many people assume organic providers like Whole Foods are more expensive compared to conventional...