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Whole Foods CEO Discusses Pandemic, Pricing, Obesity Epidemic
Monday, October 5, 2020 - 12:30pm | 399Whole Foods founder and CEO John Mackey was a guest on Fox Business' "Barron's Roundtable" to talk grocery trends ahead of a likely surge in COVID-19 cases. No Change To Recent Trends: Whole Foods isn't stocking up on food items at a more than typical pace, Mackey said....
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Whole Foods CEO Says Grocer Launched Beyond Meat, Even Though It's 'Highly Processed'
Thursday, August 22, 2019 - 9:54am | 426Organic grocery chain Whole Foods played a vital role in bringing Beyond Meat Inc (NASDAQ: BYND) products to the mass market, John Mackey, co-founder and CEO of Whole Foods, said during a recent CNBC "Make It" segment. What Happened Whole Foods, now owned by Amazon.com, Inc. (NASDAQ: AMZN...
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Principle-Driven Small Giants Profit Without Compromising Integrity
Wednesday, October 4, 2017 - 7:06am | 936At 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...
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It Started With A Whisper: SEC Filing Spills On How Amazon-Whole Foods Came To Be
Friday, July 7, 2017 - 11:48am | 626The 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...
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Whole Foods CEO Says Jana Partners Is Out To 'Destroy' His Reputation, Spread Propaganda
Wednesday, June 14, 2017 - 9:22am | 555For 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-...
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Does Whole Foods Have An Activist? A Couple Of Questions To Help Assess Likelihood
Friday, November 18, 2016 - 10:14am | 391Shares 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...
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A Whole Lot Of Changes At Whole Foods Market
Thursday, November 3, 2016 - 1:55pm | 305Barclays 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...
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Whole Foods Initiatives Struggling Against Competitive Environment
Thursday, November 3, 2016 - 11:28am | 399Whole 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...
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Whole Foods' Q4 Earnings May Pique The Interest Of Turnaround Investors
Thursday, November 3, 2016 - 10:34am | 325Whole 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...
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Richard Branson Shocks Chicago Crowd: Smoke Weed With Your Kids
Friday, July 29, 2016 - 1:29pm | 386Cool 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...
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Will Publix Try To Acquire Whole Foods?
Tuesday, June 10, 2014 - 11:23am | 586A 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...
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Shocker? Whole Foods Market Is Cheaper Than Kroger
Tuesday, April 1, 2014 - 10:27am | 620Quartz 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...
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Whole Foods Aims For 1,200 Stores
Tuesday, December 17, 2013 - 11:04am | 371Whole Foods (NASDAQ: WFM) co-CEOs John Mackey and Walter Robb appeared on CNBC's Squawk on the Street with host Jim Cramer to discuss the company's future growth from their new store in Brooklyn, which is the first in that area. Currently at 370 stores, Whole Foods is targeting around 1,200...
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The Top Libertarians in Business Today
Friday, February 22, 2013 - 4:00pm | 1080Although the Libertarian Party never seems to climb out of the single digits in the polls, libertarians have a surprising influence in the business world and are well represented in a variety of sectors. Believe it or not, there's much more to libertarians besides Ayn Rand and Ron Paul....
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Whole Foods' CEO John Mackey on CNBC: "I Believe in Free Enterprise Capitalism"
Friday, January 18, 2013 - 3:19pm | 357Whole Foods' (NASDAQ: WFM) co-CEO John Mackey was on CNBC on Friday afternoon to talk about his book "Conscious Capitalism." Amazon.com reviewers give the book three and a half stars. The essential point that Mackey said his book makes is that there is a better way to do business than just...