Home | Newsletter | Advertise
loading...

Whole Foods Announces Five Locations For New "Hip" Store

  • July 31st 2015

by Tianna Mañón

✉️ Want to forward this article? Click here.

Whole Foods Announces Five Locations For New "Hip" Store: Figure 1
A new Whole Foods location is planned for 965 Florida Avenue.

Whole Foods has selected five cities where it will open its new, less-expensive store, Market Watch reported late Thursday.

365 by Whole Foods, a cheaper sister store to the company’s flagship, will open locations in Bellevue, Washington; Houston, Texas; Portland, Oregon; and Santa Monica and Los Angeles, California. The five stores are expected to open in 2016, with another five slated for 2017.

According to Whole Foods co-CEO John Mackey, the stores are designed to run more cost-efficiently and are supposed to be “hip, cool and tech oriented.” The store’s target consumers are millennials, naturally, who want better, healthier foods but often lack the disposable income to afford Whole Foods’ high prices.

The cities where the new stores will be located, particularly Portland, are well known for having young people who align with the store’s goals.

365 by Whole Foods is being introduced at a time when the store is seeing its market share diminish as competitors like Trader Joe’s and even Walmart are expanding to cover more of the organic and healthy food consumer base with cheaper prices.

See other articles related to: whole foods, whole foods 365

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/whole_foods_announces_five_locations_for_new_hip_store/10198.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse