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Whole Foods Has 40 Stores In Its Pipeline

Whole Foods Market remains committed to growing its store footprint even as online grocery sales continue to surge. In a release outlining its recent progress and growth strategies, the Amazon-owned natural and organics grocery store retailer said it has nearly 40 new stores in the pipeline. The company said that through its 2020 new store openings, it reached about 1.4 million additional people within a 10-mile radius of its U.S. stores.

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Store closures decline for the first time in 2021

For the first time in 2021, store closures have declined year over year, according to an emailed report from Coresight Research. The firm tracked 4,626 closures so far this year, 5.7% fewer than last