A Whole Foods in Evanston, Illinois is among nine Whole Foods locations that are closing by April, 2017. The Evanston store, located at 1111 Chicago Ave., will close along on March 19, 2017. Eight other locations across the United States will close by April. No other Whole Foods stores are closing in Chicagoland.
Whole Foods has 440 stores in the United States. Competition in the organic-food market niche is increasing, especially as regular grocery stores dedicate sections to organic foods.
Whole Foods continues to be the butt of the joke about its high prices, with people often connecting Whole Foods prices being connect with their whole paycheck being gone.
Whole Foods announced the closings Wednesday, February 8, 2017.
“We’re going to continue to grow, but I think we’re going to be a more disciplined growth company than we have been in the past.”
— John Mackey, co-founder and CEO
Mackey also said that Whole Foods remains “optimistic about the future growth potential for our 365 format but we want to see how this next round of stores perform before getting more aggressive.”
U.S. Stores Closing by April:
• Santa Fe, New Mexico
• Boulder, Colorado
• Colorado Springs, Colorado
• Salt Lake City (Draper)
• Davis, California
• Augusta, Georgia
• Prescott, Arizona
• Encinitas, California
There are two additional Whole Foods stores in Evanston, one at 1640 Chicago Avenue that is closer to Northwestern University, and one at 2748 Green Bay Road that is closer to Wilmette.
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Whole Foods said it would close nine of its stores and lowered its financial projections for the year https://t.co/q0vhG4uKqI
— Wall Street Journal (@WSJ) February 9, 2017
Whole Foods Closing Davis Store After Missing Revenue Target https://t.co/srIhkLW6Xt
— CBS Sacramento CBS13 (@CBSSacramento) February 8, 2017
— The Coast News Group (@coastnewsgroup) February 8, 2017
— NBC Chicago (@nbcchicago) February 11, 2017
— Bloomberg (@business) February 8, 2017
— FOX Business (@FoxBusiness) February 8, 2017