Thursday, April 20, 2017

Despite A Rough Year, Whole Foods Still Considered a Prime Tenant

Whole FoodsAn expensive operating model and loss of dominance in the organic food market are major issues grocery chain Whole Foods is facing as it tries to turn around from a year of floundering sales. Yet, despite the “noise” surrounding activist investor JANA Partners’ additional stock purchase in early April, Whole Foods is still viewed as a desirable tenant by shopping center landlords.

 Although JANA’s move was hailed by some analysts, Whole Foods faces operating and competitive hurdles and remains in the early stages of implementing a strategy to regain lost market share.. . . more

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