Comment on Whole Foods plunges 9% while lower-priced grocers grow

Whole Foods plunges 9% while lower-priced grocers grow

Whole Foods can’t seem to shake its “Whole Paycheck” label. Shares plunged 9 percent on Thursday after the grocer’s latest price cuts failed to impress customers. Whole Foods’ prices are still 15 to 20 percent higher than its competitors, according to Edward Jones analyst Brian Yarbrough. “That’s a big problem,” Jones said.

 

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