Preview

Wild Oat's Brand Negatively Impact Their Company Objectives, Core Values And Profit Margin?

Good Essays
Open Document
Open Document
712 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Wild Oat's Brand Negatively Impact Their Company Objectives, Core Values And Profit Margin?
Whole Foods
Case Study

Whole Foods
Case Study
Introduction Problem Statement  Supporting Facts
Whole Foods is an organic grocery chain that was founded in 1980. Since the origination the companies motto has been Whole Foods, Whole People, Whole Planet. This motto encompasses their mission to provide the purest quality of food, employ the best team, and continue to be involved in the communities they are a part of through philanthropic involvement. (Gamble & Thompson, 2010)
Problem Statement
How did Whole Foods purchase of the Wild Oat’s brand negatively impact their company objectives, core values, and profit margin?
Supporting Facts
• 2007- Acquisition of Wild Oat’s; largest competitor
• Store count increased by 109 o Across
…show more content…
While the company did manage ot overcome the challenges and losses of the acquisition, they would have been better off for having not made the deal. The case clearly outlines the differences between the Wild Oat’s properties and brand image, and that of Whole Foods. In many cases the store sizes were much different, leaving a lot to be desired in the newly acquired locations. This created a challenge for Whole Foods to offer consistent product choices to their customers- with varying store …show more content…
This merger would put Whole Foods and Wild Oats in a partnership (monetarily backed by Whole Foods, so they would profit most from this). Through this merger Whole Foods would be able to work with their vendors to get larger quantities delivered to more stores at lower prices- but not be forced to assume the $700 million expense of buying out Wild

You May Also Find These Documents Helpful

  • Good Essays

    Whole Foods

    • 1003 Words
    • 5 Pages

    The Behavioral Intentions of Mackey’s attitude can be seen by his online posts when he wrote that “No company would want to buy Wild Oats Market Inc. OATS locations are too small. [Wild Oats management] clearly doesn’t know what it is doing”. These statements were made with the intention of damaging the business and reputation of Wild Oats, his rival company.…

    • 1003 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Whole Foods Market is a foods supermarket which emphasizes "natural and organic products, the largest U.S. natural and organic grocer.…

    • 1382 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Whole Foods Market has managed to build a strong brand reputation and has achieved having unique products in their stores. They’ve mastered the ability to offer high quality organic food and carry a variety of products, which most organic markets are not able to achieve. Furthermore, when visiting their stores customers are welcomed into a positive employee environment (Whole Foods SWOT, n.d.).…

    • 271 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Whole Food Market has become the largest retailer of natural foods in the United States. The company's fundamental values are the commitment to promoting sustainable food production practices and social responsibility; meanwhile, they also generate significant profits to satisfy the requirements of the traditional bottom…

    • 243 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    The cornerstone of Whole Food’s strategy is to carry the highest quality, lowest processed-foods, and the most flavorful and natural preserved foods available. Whole Foods deepest purpose is to help support the health, well being, and healing of people (customers, the Whole Foods team, and businesses) and the planet. John Mackey, cofounder and CEO of Whole Foods, attributes the rapid growth and success of Whole Foods to developing and maintaining a uniquely mission-driven company; a company that is highly selective about what is sold, that remains dedicated to its core values and high quality standards, and is committed to sustainable agriculture. Whole Foods wanted to be the international brand for natural and organic foods and be the best food retailer in every community in which Whole Foods Markets were located. The chief elements of Whole Foods strategy are as follows:…

    • 5601 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    Prior to the recession of 2008, Whole Foods’ strategy focused on Growth, Store Location, Product Line, and Pricing. After going public in 1991, Whole Foods implemented a Growth strategy that included opening new stores and acquiring smaller chains in attractive markets. Store Location strategy involved finding locations in affluent, urban areas. High traffic shopping destinations and prime real estate spots were part of this Location strategy. The strongest strategic element Whole Foods adopted was its Product Line. Whole Foods specialized in a huge selection of organic and natural foods not found in traditional grocers. Pricing strategy for Whole Foods aimed to be competitive. A majority of its private label foods…

    • 824 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Whole Foods Strategic Plan

    • 1273 Words
    • 5 Pages

    Whole Foods Market, Inc. which is headquartered in Austin, Texas, is an American foods supermarket chain it was founded by John Mackey who currently serves as the CEO of Whole Foods. To sum up their mission and vision statement, Whole foods as a company strives to help out in promoting positive health and well-being of people, this includes team-members, customers and the whole planet in general. Some of their core values include:…

    • 1273 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Whole Foods Swot Analysis

    • 454 Words
    • 2 Pages

    Our group researched and conducted a SWOT analysis on Whole Foods Market. The strength is being one of the top grocers in the U.S. by providing healthy and organic food. The option to purchase high quality natural food is available for consumers who are health conscious. The weakness for Whole Foods is viewed as a luxury shopping destination. Lower and middle class people with limited finances cannot afford to shop there on a regular basis. The opportunity is available to expand within international markets. Whole Foods can explore nonexistent markets internationally with the potential for growth. The threat is competitors will have an interest to gain consumers for their business. Competitors can utilize many avenues such as advertising and commercials to attract customers.…

    • 454 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Whole Foods

    • 652 Words
    • 3 Pages

    1. The chief elements of the strategy that Whole Foods Market is pursuing are whole foods, whole people, and whole planet. The whole foods portion describes the type of product being offered. The products are as close to natural as possible. Whole people describe the type of environment the employees have at Whole Foods Market. The employees are treated fairly, passionate, and highly motivated. Lastly, whole planet refers to the responsibility companies and individuals have on the planet. Practices like sustainable agriculture helps protect the environment and farming.…

    • 652 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Whole Foods is a recognized as a brand known for providing the best organic and natural food. Internal matters can discomfort corporations because it jeopardizes how investors and customer perceive the company. It’s necessary to understand the roots of the decisions taken from the company by analyzing their mission statement. A mission statement reminds managers, employees, and stakeholders the purpose and primary objectives of the organization. In the mission statement from the company’s 2016 10-k, it states that “Whole Foods aims to set the standards of excellence in food retailing. Our success is measured by customer satisfaction, team member happiness and excellence, return on invested capital, active environmental stewardship, service in our local and global communities, and win-win supplier partnerships, among other things.” Whole Foods allows stores to operate differently, empowering the managers to make decisions and giving them the freedom to perform activities independently. Nevertheless, managers need to follow corporation guidelines, report and measure performance. They must act in the best interest of the company to achieve the objectives. The CEO and top management should always remind and emphasize the mission statement to the staff. All four functions must work together to…

    • 659 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Whole Foods

    • 1021 Words
    • 5 Pages

    * Whole Foods Market was founded in 1980 working with natural and healthy foods in Austin, Texas; it’s one of the world’s largest of natural and organic foods supermarkets. In 2009, the sales total $8 billion and had 289 stores in the U.S. The Whole Foods Market plans to come up with strategies to help improve the company but to do so understanding the core values plays a major role in the company’s planning. The strategies they want to improve the growth strategy, store location strategy, product line strategy, pricing, control expenses, and merchandising strategy. This company values keeping all its products natural meaning minimally processed, largely or completely free of artificial ingredients, preservatives, and other non-naturally occurring chemicals, and as near to their whole, natural state as possible.…

    • 1021 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Whole Foods

    • 2291 Words
    • 10 Pages

    From the fairly humble beginning of being a one-store entrepreneur living on the third floor and taking baths in the dishwasher, John Mackey has seen his 1978 Safer Way grocery store grow into an $8 billion a year corporation. As of September 2008, Whole Foods had 264 stores in the United States, six in Canada, and five in the United Kingdom. Whole Food’s is now the leading chain of natural food supermarkets in the United States. The company 's stores average 28,500 square feet in size and feature foods that are free from artificial preservatives, colors, flavors, and sweeteners. They also offer many organically grown products. Many locations include in-store cafes and juice bars. Whole Foods has also developed a growing line of private label products such as organic pasta, freshly roasted nut butters, oak-aged wine vinegars, and aromatic teas. After the company was founded in 1980 with a single store, it grew dramatically into a chain of more than 130 stores in 25 states, the District of Columbia, and Canada. It is a Fortune 1000 company, ranked as the 41st largest U.S. supermarket and the 730th largest U.S. company overall. There are few companies that attract the kind of following Whole Foods and its CEO/founder has both among its customers and the national media. Their corporate website averages more than 50,000 visitors a day. Through a long series of acquisitions, John Mackey has created a niche retailer which enjoys lofty profits in a very price competitive industry that is typically characterized by accordingly low profit margins. Whole Foods had 275 stores, and 50,000 plus team members in 2008 with a goal of 1,000 stores open in the future (Whole Foods Market, 2008a).This ever-evolving, often controversial organic retailer is facing several major strategic issues in both its external and internal…

    • 2291 Words
    • 10 Pages
    Better Essays
  • Best Essays

    Whole Foods has the advantage of being the first large mover in the organic retail industry.…

    • 2419 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    Whole Foods

    • 3063 Words
    • 13 Pages

    Whole Food 's path to international success stems from CEO and founder, John Mackey 's initial vision for the company, “To promote vitality and well-being for all individuals by offering the highest quality, least processed, most flavorful natural and naturally preserved foods available.” (John Mackey) Rather than becoming one of the dime-a-dozen smaller retail chains throughout America, Whole Foods set out to open its own massive stores of around 50,000 square feet (Meador & Britton). After Austin Texas, they expanded out to Houston, Dallas, Palo Alto, and even Eastward to New Orleans during the 1980 's. As Whole Foods continued to expand, through both opening new stores and merging with other companies, it began acquiring existing natural food stores, so that some twenty years later in 2006, it was the nation 's largest natural/organic retailer. From day one, their concept has been to create an inviting and interactive store atmosphere where shopping for food was a fun and pleasurable experience.…

    • 3063 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Whole Foods Case Study

    • 1838 Words
    • 8 Pages

    Whole Foods Market has a very well defined strategy that they are pursuing. First, Whole Foods strategy is to provide its customers with the highest quality natural foods that are “minimally processed, largely free of artificial ingredients, preservatives, and other non-naturally occurring chemicals; and as near to their whole, natural state as possible” (Thompson). The second part of their strategy is to live by their core values, which John Mackey elaborates on by saying, “our core values reflect the sense of collective fate among our shareholders and are the soul of our company. Our team members, shareholders, vendors, community and environment must flourish together through their affiliation with us or we are not succeeding as a business. […] By growing the collective pie, we create larger slices for all of our shareholders.” This part of the strategy is very utilitarian and shows the true values that the company wants to represent. The third key element of their strategy is to grow.…

    • 1838 Words
    • 8 Pages
    Powerful Essays

Related Topics