U.S.-based chain Whole Foods has confirmed plans to grow its store base to 1,000 outlets. “We consider 1,000 stores to be a reasonable indication of our market opportunity as our brand continues to strengthen, as consumer demand for natural and organic products continues to increase and as our flexibility on new store size opens up additional market opportunities,” said John Mackey, Chief Executive Officer. “We are positioned to internally fund the acceleration in our new store growth,” he added. Source: Planet Retail
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