Whole Foods Market Inc is an American origin company that was founded in the year 1980 by its founder Craig Weller, Mark Skiles, Renee Hardy-Lawson and John Mackey. It operates via headquarters based at Austin, Texas in the United States. The company has spread its presence to five hundred outlets located in North America and seven stores in the United Kingdom by the year 2019. Since the year 2017, it acts as a subsidiary of its parent company Amazon.
Whole Foods Market Inc is a supermarket chain associated with grocery and health food industry. The multinational company is known for its USDA-certified organic selections that are ecologically responsible and environmentally-friendly.
It is involved in selling products that are free from hydrogenated fats and artificial flavours, colours and preservatives of any kind. It was the first company to stop using plastic bags and replacing them with paper or reusable bags at all its stores.
The industry related to organic food items has seen a considerable rise in its fortunes as people are becoming aware of the benefits of natural and organic items. Whole Foods is facing competition from several companies who are especially involved in this industry as well as major supermarket chains that have started keeping a specific section for gluten-free, non-GMO and vegan items. Some of its competitors are listed below.