More Delays and Changes at Whole Foods

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The health food business is a little less healthy these days. The Wall Street Journal reports that Whole Foods posted a 31 percent net income loss last quarter and is cutting back on store openings. So what does that mean for our highly anticipated store on 3rd and 3rd? Not sure. We asked for details from Whole Foods, who emailed us this response from spokesman Fred Shank: We are currently working on revising our plans for our Brooklyn store and hope to be able to announce updated details in the near future. We remain extremely excited about bringing the first Whole Foods Market to Brooklyn. (The Brooklyn Paper was told the same thing, while Gowanus Lounge recently reported the first activity on the site in many moons.) Could the cost of the clean-up be more than the market can bear in this economic environment?
Whole Foods Net Falls 31% in Slow Economy [WSJ]
Whole Foods: Not the Best of Neighbors [Brownstoner]
3rd St. Landmark Crumbling; Is Whole Foods to Blame [Brownstoner]

By lisa |