Whole Foods cuts 2014 forecasts again as competition intensifies
date:May 07, 2014
coming months. Walmart, which caters to lower income shoppers and sells more groceries than other retailers, said those products would be priced on par with conventional rivals and at least 25 percent below branded organic foods.

Mackey said that Whole Foods continues to gain share as organics move from niche to mainstream and would strive to lead the sector. Whole Foods has already announced it would be the first U.S. retailer to commit to labeling or eliminating foods made with genetically m
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