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Local Root #39;s Chef Isaac on Local, Sustainable Organic Food
One October afternoon after the lunch rush a class of students from a Chicago Montessori school marched into Local Root (unannounced) armed with thoughtful q...

By: Local Root

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Local Root's Chef Isaac on Local, Sustainable & Organic Food - Video

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Organic food: Essential or just a trend?
Many college students often face the difficult task of maintaining a healthy diet on a tight budget. Organic food is touted as the best option when grocery s...

By: dailyemerald

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Organic food: Essential or just a trend? - Video

The organic food market is on an upsurge. People have become health conscious and want to buy food that is made of natural ingredients. Therefore, this industry is doing really well. Customers are willing to pay a premium, too, for the natural products. However, this has also resulted in a large number of players in the industry, leading to stiff competition among them.

Whole Foods Market (WFM) is a premium food retailer, which offers organic and natural food to the affluent part of the society. However, it faces competition from many new players, which affected its results. Nonetheless, it has managed to put a blockbuster fourth quarter results recently, which beat the Streets expectations. Lets check.

Further details

Driven by higher demand and various strategies undertaken, revenue surged 9% to $3.26 billion over last year. The company managed to register an increase in the top line despite its product prices being lowered, as people continued to flock into its stores. Its same-store sales grew by 3.1%, driven by a 1.3% increase in the number of transactions and 1.8% jump in the basket size of the customers.

But the top line failed to meet the analysts expectations. It decreased its product prices mainly because of increased competition from big box retailers such as Kroger as well as from players such as Sprouts Farmers Market. Because of the lower prices offered by such retailers, Whole Foods was unable to attract customers.

Lower prices also affected the margins. Gross margins fell to 35.4% from 35.7% in the previous year. But the company managed to keep its bottom line in check. Earnings jumped to $0.35 per share as compared to the earnings of $0.32 per share in the previous year. The bottom line was also in line with the expectations of the analysts.

Host of efforts made

In order to win back its customers, Whole Foods made a large number of efforts. First, it is focusing on responsibly grown fresh produce, which will be grown under certain quality conditions, making its products more reliable. Also, it will enable the company to increase its prices once again.

Furthermore, it started with the concept of having wine bars in its stores, which is not present at any of the grocers stores. Also, it started with home delivery services of premium wines as well as some other products. It has also taken initiatives including one hour delivery in some cities.

The company is also looking at expanding its store base. It opened 13 new stores during the quarter and 38 new stores in the entire year. It plans to renovate 70% of its older stores too.

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A Shining Organic Food Retailer to Invest In

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Relaxing Music / Meditation, Healing, Sleep, Ambient Music.
Calm Music for Meditation, Study. Sound Therapy.

By: Relaxing Circle of Sounds

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Relaxing Music / Meditation, Healing, Sleep, Ambient Music. - Video

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Thai Tradition Music* Relaxing music* Moderato * Isaan Classic * Solo Phin * Northeast * Folk Music
Welcome to Isaan Classic, Phin Solo, Northeast instrument. Title song ; Rum phu thai Independent Artist, Performed ; Suntisook Chaipunha All rights reserved ; Sithichok Benjachaya.

By: RELAXING MUSIC

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Thai Tradition Music* Relaxing music* Moderato * Isaan Classic * Solo Phin * Northeast * Folk Music - Video

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Relaxing Music - Midnight Walk
A piano. An endless night. Are you walking? Are you dreaming? Thinking of your love, maybe lost.. Maybe waiting somewhere on your path... I hope you will enjoy it. Copyright of all uploaded...

By: Darius Nevski

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Relaxing Music - Midnight Walk - Video

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Thai Traditional music* Spa* Massage* Relaxing * Ranat Ek* Fresh* Nature sound
Antique Thai Instrument, Ranat Ek,Old Thai Melody, Beautiful Melodies, Happy, Delightful. benjoy9@gmail.com, benjoy9@hotmail.com, facebook / benjoy9@hotmail.com.

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Thai Traditional music* Spa* Massage* Relaxing * Ranat Ek* Fresh* Nature sound - Video

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Thai Tradition Music* Spa * Ranat Ek * Relaxing music * Massage * Nature sound
Antique Thai Instrument, Ranat Ek,Old Thai Melody, Beautiful Melodies, Happy, Delightful. benjoy9@gmail.com, benjoy9@hotmail.com, facebook / benjoy9@hotmail.com.

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Thai Tradition Music* Spa * Ranat Ek * Relaxing music * Massage * Nature sound - Video

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Ernit : Relaxing Music Nature 10

By: pinoy visayas

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Ernit : Relaxing Music & Nature 10 - Video

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Satlok | Rampal arrested from Hisar ashram | charged with treason, Haryana police confirm 6 deaths
Controversial sect leader Rampal was charged with treason and other serious charges on Wednesday even as he continued to evade arrest for almost two weeks. Haryana Police claimed the defiant...

By: News 24*7

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Satlok | Rampal arrested from Hisar ashram | charged with treason, Haryana police confirm 6 deaths - Video