Maybe its all that blood-coagulating canola oil at the prepared (and heavily processed) food bar and in nearly all of their chips. Maybe it's the fact that they lied and said they would label all their GMOs by 2018 and never did. Maybe it's because everyone is figuring out that Jeff Bezos wants America to become a communist country, or maybe, it's just because the organic market is booming so much that it's flooded by other mass market retailers. Yeah, that's it.
Whole Foods, Fresh Market, and Sprouts stores all suffering FALLING stock prices
The three largest publicly traded organic stores are losing money fast. Why? Well, total U.S. organic sales and growth have skyrocketed, so the market is essentially flooded by big-box retailers and national retailers. The competition is piling on the bandwagon, especially over the past decade. In 2009, the U.S. organic food industry saw over $20 billion in sales and growth, and by 2019 the industry more than doubled that sales and growth total to over $43 billion.
Whole Foods had the organic retailer market dominated for a few years there, but now they're just another regular Joe. According to the Organic Trade Association, U.S. consumers get nearly 40 percent of their organic food from specialty retailers now. The Organic Industry worldwide reels in over $100 billion a year, while growing more than ten percent annually. This is watering down the Whole Foods "niche" and could put them out of business (or drastically reduced in breadth) by 2030.
Millennials are the top shoppers of organic (18 to 35 year olds). They do the most homework about food chemicals and know that life is shortened with ultra-expensive health "care" if you don't avoid processed food and GMOs, for the most part. The rest of the country is quickly figuring out that conventional food is poison, and the main cause of all the preventable diseases sweeping across the country like pandemics (think cancer, diabetes, heart disease and all forms of dementia).
Walmart, Kroger, Aldi and Costco flood the organic market
So Whole Foods is beginning their "shrinkage" by closing several Texas stores, starting in Austin. How many more stores will follow suit and shutter in the next few years? Other retailers are selling organic produce for way less than Whole Foods and farmer's markets, and the Amazon Prime discount doesn't help with Whole Foods' prices much either.
Whole Foods expansion plans are now on ice, and melting fast. So much for 1,200 stores in the near future, instead, we may be seeing Whole Foods turn into not-so-whole food thrift stores that look like K-Mart stores did last year, before they went under. Look for national discount circulars for Whole Foods as they cheapen their prices and quality. Lots of canola oil on sale by the retail robots, everybody!
Why give Whole Foods your hard-earned money anyway? The owner also owns the Washington Post, that just so happens to be one of the key propaganda-spreading media hubs in the nation. Stop shopping at retailers that lie and push unhealthy foods while claiming they're "whole." There's nothing healthy about eating GMOs and canola oil. Get with the program. Buy local and learn how to micro-shop at smaller retailers that don't rip your head off with jacked up prices.
Tune in to FoodSupply.news for updates on how certain "healthy" foods are polluting the planet while stores like Whole Foods pull the wool over our eyes, marketing lie after lie. Maybe all those CAFO chickens are coming home to roost.
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