Economics

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WORKFORCE AND AWARDS

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Size: In comparison, Whole Foods competitors such as Kroger has 310,000 employees while Trader Joe’s has more than 30,000 employees.

Whole Foods Diversity Mission: Our success is dependent on the collective energy and intelligence of all our team members. We strive to create a work environment where motivated team members can flourish and succeed to their highest potential. We appreciate effort and reward results.

Photos retrieved from:

http://www.soophotography.com/blog/images_1000/2011-08-23-wholefoodsmarket2007.jpg

http://i2.cdn.turner.com/money/.element/img/1.0/sections/mag/fortune/bestcompanies/2010/snapshots/whole_foods_market__bctwf.jpg

http://sellmorebeds.files.wordpress.com/2011/12/whole_foods_market_conscious_capitalism.jpg

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Size

1980: 19 employees

2013: 73,000 employees

Diversity

Minorities: 44%

Women:44%

Ranked 15 of 100 “Most Diverse Companies” (Fortune)

Offers Domestic-partner Benefits

Workplace Environment

Self-directed Teams

Training Programs and Resources

Whole Foods employees are not unionized.

Ranked 24 of 100 “Best Companies to Work For” (Fortune)

Greenest Retail Companies in the US (Newsweek)

ECONOMICS

Economic Growth (as of 9/30/12)

Sales: $11.7B

Comparable-store Sales: 8.5% increase

Identical-store Sales: 8.3% increase

Sales Growth: 24%

in first 13 weeks of

FY12 compared to

first 12 weeks

of FY11

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In comparison, Whole Foods competitors recent annual earnings were estimated to be $96B for Kroger and $8B for Trader Joes.

Graph retrieved from:

http://technically.us/pictures/oliveoil.jpg

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Whole Foods Sales Growth vs. Comparable Stores

Whole Foods

FY2010 FY2011 FY2012 0.11 0.11 0.13600000000000001 Comparable Stores

FY2010 FY2011 FY2012 6.6000000000000003E-2 9.1999999999999998E-2 6.6000000000000003E-2

ECONOMICS (continued)

Whole Foods attributes their success to their relationship with shareholders, which is predicated upon:

Ability to instill a clear sense of interdependence

Efforts to communicate more often, more openly and more compassionately.

Better communication equals better understanding and more trust.

Providing transparency by posting management presentations, conference call scripts, annual reports, corporate governance information and investor FAQs to their company website.

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MARKETING INTERESTS AND STRATEGIES

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*Allows each region/country to focus on the needs of the client.

**Whole Foods is active in the following social media platforms: Facebook, Twitter, Instagram, Pinterest, and YouTube.

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Strengths

Weaknesses

Decentralized business structure

Leadership may be unaware of the business structure of smaller offices.

Products are expensive

Opportunities

Offer online ordering with in-store pickup

Become more involved in social media: management blogs, customer blogs, recipes, and incentive sales surveys

Threats

Downturn of economy

Competition of mainstream grocery stores offering more natural and organic products.

Active in social media**

Decentralized business structure*

Offers a large selection of natural and organic foods

Committed to sustainability of the environment

ECONOMICS AND MAJOR BUSINESS INTERESTS

Country Indicators 2009 2010 2011 2012
GNI per capita, PPP (current international $) 26,300 27,970 30,480 NA
Population, total 26,796,375 27,258,387 27,761,728 28,287,855
GDP (current US$ Billion) 429.09 526.8 669.5 711.5
GDP growth (annual %) 2 7 9 5
Life expectancy at birth, total (years) 75 75 75 NA

Dominant oil producer, and owner of the world’s largest hydrocarbon reserves

263 billion barrels, 25% of the world’s reserves

Efforts to Diversify/ Industrial Expansion

Petrochemical

The government is seeking to encourage privatization, liberalize foreign trade, and reform the investment regime.

Oil accounts for around one-third of GDP, more than 90% of the country’s export earnings, and nearly 75% of government revenues

Construction

Transportation

Finance

Communications