Whole Foods Flyer Market is an organic food distribution company. It is present in the United States, Canada and the United Kingdom. Whole Foods Market was founded in 1980. Its headquarters are located in Austin, Texas. It is part of the NASDAQ-100 index.
Even before the creation of the brand, its founders Renee Lawson Hardy and John Mackey created a 2,000 square foot grocery store called Safer Way Natural Foods, which in 1980 merged with its rival Clarksville Natural Grocery to become the first Whole Foods Market store, which has 19 employees. A year after its opening, this first store, like the rest of Austin, suffered a large-scale flood, which destroyed the store’s stock. Following the help of its customers, the store reopened a month later.
From 1984, Whole Foods Market flyers began to expand both organically and through acquisition. It opens stores in Houston, Dallas and New Orleans, this latest opening is achieved through the acquisition of The Whole Food. Subsequently in the 1990s, he acquired Wellspring Grocery, Bread & Circus, Mrs. Gooch’s Natural Foods Markets, Bread of Life, Fresh Fields Markets, Merchant of Vino and Nature’s Heartland. In 2000, Whole Foods acquired Natural Abilities, then Harry’s Farmers Market in 2001. It acquired Select Fish in 2003. In parallel with this geographic expansion, Whole Foods Market is investing in food processing activities.
In 2004, Whole Foods Market entered the UK market through the acquisition of Fresh & Wild. In 2008, however, it only has 4 stores in the UK, before increasing to 8 stores in 2011.
Whole Foods weekly Flyers announces the acquisition in 2007 of Wild Oats Markets for approximately $ 565 million, excluding debt assumptions. Subsequently, the competition authorities oppose this acquisition. After that, Whole Foods accepted in 2009 the sale of fifteen stores and the Wild Oats Markets brand.
On June 16, 2017, Amazon announced the acquisition of Whole Foods Market for $ 13.7 billion (12.3 billion euros). This operation is the largest external growth operation carried out by Amazon since its creation. The proposed price of $ 42 per Whole Foods share represents a 27% premium over the June 15, 2017 closing price. Amazon and Whole Foods plan to close the transaction in the second half of 2017.
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