Its an American supermarket chain exclusively featuring
foods without artificial preservatives, colors, flavors, sweeteners, and hydrogenated fats. It is the United States' first certified organic grocer, which means it ensures, to National Organic Program standards. Whole Foods Market Inc. Founded : September 20, 1980; 35 years ago Founder : John Mackey Headquarters : Austin, Texas, United States Number of : 431 (September 2015) locations Key people : John B. Elstrott (Chairman) John Mackey (Co-CEO) Walter Robb (Co-CEO) Jason Buechel (CIO) Whole Foods Market Inc. Revenue : US$ 12.9 billion (2013) US$ 11.7 billion (2012) Operating income : US$ 883.0 million (2013) US$ 744.0 million (2012) Net income : US$ 551.0 million (2013) US$ 466.0 million (2012) Total assets : US$ 5.5 billion (2013) US$ 5.3 billion (2012) Total equity : US$ 3.9 billion (2013) US$ 3.8 billion (2012) Number of : 91,000 employees TIMELINE HISTORY 1978 Twenty-five years old dropout John Mackey and twenty-one years old Rene Lawson Hardy, opened the small natural foods store. 1980 John and Rene partnered with Craig Weller and Mark Skiles to merge SaferWay with their Clarksville Natural Grocery. 1981 The worst flood in 70 years devastated the city of Austin. 1984 Whole Foods Market began its expantion. 1989 We expanded to the West Coast. 1990-1999 Acquiring other natural foods chaims throughout the 90s. 1998 Development of virtual store began. TIMELINE HISTORY 1999 Site went live. 2000 Additional acquisitions. 2001 Whole Foods moved into Manhattan. 2002 Saw an expansion into Canada. 2003-2004 Whole Foods Market entered the United Kingdom. 2007 Merger with Whole Foods Market. 2008 John Mackey cleared of charges. August 2008 Voluntary multi-state recall. 2009 John Mackey voluntarily gave up his chairmanship. 2011 - The stock symbol changed. CURRENT VISION STATEMENT Their botton line ultimately depends on their ability to satisfy all of their stakeholder. Their goal is to balance the needs and desires of their customers, Team Members, stakeholders, communities and the environment while creating value for all. By growing the collective pie, we create larger slices for all of their stakeholder. Their core values reflect this sense of collective fate and are the soul of their company. WHOLE FOODS MARKET GOALS To become an international brand synonymous with not just natural and organic food, but also with being the best food retailer in every community in which they are located. They believe their heavy emphasis on perishables and locally grown products, along with their unparalleled customers service, is helping them reach that goal, differentiating their stores from other supermarkets and enabling them to attract a broad base of loyal customers. They are well positioned to take advantage of changing demographic trends, and I expect the their renewed emphasis on healthy eating to help further differentiate them and solidify their unique position within the food retailing universe.