While opening new stores, the company fueled rapid growth by acquiring other natural foods chains throughout the 1990s: Wellspring Grocery of North Carolina, Bread & Circus of Massachusetts, and Rhode Island (banner retired in 2003), Mrs. The company made its initial public offering on January 23, 1992. In 1989, the company expanded to the West Coast with a store in Palo Alto, California. The produce department of a new Whole Foods Market located in the Southern Hills area of Tulsa, Oklahoma A Bread & Circus and Whole Foods bakeryīeginning in 1984, Whole Foods Market expanded from Austin, first to Houston and Dallas and then to New Orleans with the purchase of The Whole Food Co. Expansion The Whole Foods Market on Bowery, in Manhattan, is the largest grocery store in New York City. Creditors, vendors, and investors assisted in the recovery, and the store reopened 28 days later. Customers, neighbors, and staff assisted in repairing and cleaning up the damage. The loss was approximately $400,000, and Whole Foods Market had no insurance. Whole Foods' inventory was ruined, and most of the equipment was damaged. On May 25, 1981, the most damaging flood in 70 years devastated Austin. At 10,500 square feet (980 m 2) and with a staff of 19, the store was large in comparison to the standard health food store of the time. Two years later, Mackey and Lawson partnered with Craig Weller and Mark Skiles to merge SaferWay with the latter's Clarksville Natural Grocery, resulting in the opening of the original Whole Foods Market, which included meat products. Because it was zoned for commercial use, there was no shower stall, so they bathed using a water hose attached to their dishwasher. When the two were evicted for storing food products in their apartment, they decided to live at the store. In 1978, John Mackey and Renee Lawson borrowed $45,000 from family and friends to open a small vegetarian natural foods store called SaferWay in Austin, Texas (the name being a spoof of Safeway). Īmazon acquired the company for $13.7 billion on August 28, 2017. As of March 4, 2019, Whole Foods has more than 500 stores in North America and seven in the United Kingdom. A USDA Certified Organic grocer in the United States, the chain is popularly known for its organic selections. Whole Foods Market, Inc., a subsidiary of Amazon, is an American multinational supermarket chain headquartered in Austin, Texas, which sells products free from hydrogenated fats and artificial colors, flavors, and preservatives.
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