Popular sustainable grocer Whole Foods announced today that they are currently working on a sister concept that will provide budget friendly option for Millennials. The new concept will offer the same core values of Whole Foods, providing organic, sustainable options but with out the premium price tag. Whole Food’s co- CEO, Walter Robb states that their goal is to create a “uniquely branded store concept unlike anything that currently exists in the marketplace.”
Whole Food’s has often faced criticism for their high prices and have even been teased with the nickname “Whole Paycheck” as many cannot afford to shop there. Additional details about the chain will be released to the public before Labor Day and sources say that the new chain has the potential to be just as big as the original Whole Foods concept.
Trends in the industry show that healthy is what consumers want and companies are willing to do whatever it takes to get customers in the door. As we previously posted earlier in the week Panera Bread joined the vast list of food companies vowing to clean up their menus. Operations are removing artificial ingredients from their menus, sourcing food that is free of GMO’s and introducing healthier options.
To read more about Whole Food’s new concept, click here