Whole Foods Market has appointed Kohl’s executive Keith Manbeck EVP and CFO, effective May 17. He will succeed Glenda Flanagan, who last year announced her plans to retire. Manbeck will join a leadership team that is “implementing an accelerated plan to enhance shareholder value in a dynamic and increasingly competitive marketplace,” according to a press release […]
Tag: Whole Foods Market
Posted inStore News, Albertsons, Corporate Store News, Home Page Latest News, Industry News, National
Reports: Albertsons Considering Whole Foods Market Buy
Albertsons Cos. is reportedly exploring buying Whole Foods Market, according to a report from the Financial Times. Citing the Financial Times and its sources, Business Insider reports that the private equity funds that own Albertsons, including Cerberus Capital Management, “have held talks with bankers regarding a takeover of Whole Foods.” Earlier this month, it was announced […]
Posted inStore News, Home Page Latest News, Industry News, Southwest
Whole Foods Market To Open First Texas 365 Store On April 26
365 by Whole Foods Market’s first Texas location will open at 9 a.m. Wednesday, April 26, in Cedar Park, following a bread-breaking ceremony with company officials and the community. It is the fourth 365 store nationwide; others are open in Bellevue, Washington; Lake Oswego, Oregon; and Los Angeles, California. The 30,000-s.f. Cedar Park store, at 5001 183A […]
Posted inStore News, Home Page Latest News, Southeast
Miami Development Addition Will Include New Whole Foods Market Alongside Existing Target
A new ground-up development addition in Miami, Florida, called Pinecrest Place will be anchored by a 46,000-s.f. Whole Foods Market store. The development will add 70,000 s.f. to a retail space that already includes a 173,000-s.f. Target. Construction on the $16.4 million project is expected to be completed in the second quarter of 2018. “Pinecrest Place […]
Posted inStore News, Corporate Store News, Home Page Latest News, Industry News, National
Whole Foods Market Investor Reportedly Wants Chain To Consider A Possible Sale
Is Whole Foods Market being primed for a takeover? Perhaps. The Wall Street Journal and CNBC report that activist investor Jana Partners has built a nearly 9 percent stake in the Austin, Texas-based grocery chain and wants the company to “speed up its turnaround efforts while also exploring a possible sale.” “The activist investor has […]