The british organic foods market is attractive enough for american bio companies
Whole Foods Market Inc., America's most successful organic supermarket chain, opens its massive flagship London store next week.
Whole Foods — founded 30 years ago by Texan John Mackey, a
Birkenstock-wearing, chicken-keeping advocate of natural foods — is jumping,
rather than wading.
The company's new store in the affluent neighborhood of
Kensington is far bigger than any existing grocery store in Britain. It plans
to follow that up with another 30 to 40 stores across the country.
Like Whole Foods stores across the United States, the focus
is on fresh, organic, natural food. There will be no artificial flavors,
colors, sweeteners, preservatives or hydrogenated fats.
Many other stores have already turned to organic foods to
win more customers and market share. Tesco PLC, J Sainsbury PLC and Marks &
Spencer PLC all have organic, natural food lines that are more expensive than
their standard lines, but still likely cheaper than the Whole Foods product.
Related news
Related news
Recognition of Consumer Protection Excellence: Honoring the Best of 2024
This year’s outstanding consumer protection officers and special award recipients…
Read more >KSH: industrial production decreased by 0.2 percent in October
In October, the volume of industrial production fell by 0.2…
Read more >Technological advancements and business travel
The latest research from International Workplace Group (IWG), the leading…
Read more >