Bummer for Whole Foods
Welcome! If you're interested in the same kind of things I am, consider adding this site to your favorites, or better yet, you may want to subscribe to my RSS feed (using BlogBridge, of course) . Welcome, and thanks for visiting!
Not than anyone is buying any stocks these days (are you?) but I happened to have a very small number of Whole Foods shares, so this bit of news explains why Whole Foods have been tanking (other than the general lowering tide which lowers all boats)
“… Whole Foods has had a cult like following amongst upscale urban
professionals. Aspirational shoppers even mocked their own spending by
nicknaming Whole Foods: “Whole Paycheck”. Given the economic
instability though, customers are staying away from Whole Foods in
droves….” (from Seeking Alpha, Whole Foods in a Whole Lot of Trouble)
Popularity: 8% [?]