Whole Foods 2013 Annual Report Download - page 6

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OUR BUSINESS MODEL IS VERY SUCCESSFUL AND
CONTINUES TO BENEFIT ALL OF OUR STAKEHOLDERS.
When the first Whole Foods Market store opened in 1980,
we had no idea that we would become the 8th largest public
food and drug retailer in the U.S., ranking #232 on the
Fortune 500. Over seven million customers visit our 367
stores in 40 U.S. states, Canada, and the U.K. each week,
and with four million followers, we are the #2 retail brand on
Twitter. In 2005, it was a major milestone to report six stores
averaging $1 million in sales per week, and we now have
more than 50 stores averaging sales at or above that level.
Food retailing is more competitive than ever, and with the
growing demand for fresh, healthy foods, it seems as if
everyone is adding to or expanding their offering of natural
and organic products. We believe our industry-leading
metrics highlight our ability to innovate and compete in this
dynamic marketplace, the unique power of our brand, and
the excitement our stores create within their communities.
Our outlook for fiscal year 2014 reflects another year of record
new store openings, healthy comparable store sales growth
and incremental operating margin improvement. Longer term,
we see demand for 1,200 Whole Foods Market stores in the
U.S., with additional opportunities internationally.
With great courage, integrity and love, we embrace
our responsibility to co-create a world where each of us,
our communities and our planet can flourish—all the while,
celebrating the sheer love and joy of food. We look forward
to you continuing on the journey with us.
With deep appreciation to all of our stakeholders,
John Mackey, Co-CEO Walter Robb, Co-CEO
WALTER ROBB AND JOHN MACKEY, CO-CEOS OF WHOLE FOODS MARKET
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