Comment on Whole Foods has lost millions of customers to grocery rivals, analyst says

Whole Foods has lost millions of customers to grocery rivals, analyst says

Whole Foods Market Inc., the Austin-based chain of natural and organic food grocery stores, has lost millions of customers over the past year and a half, and Kroger Co. has been the biggest beneficiary. That’s the conclusion of a new study by Barclays investment analyst Karen Short. The findings are clearly positive for Cincinnati-based Kroger (NYSE: KR), the nation’s largest operator of traditional supermarkets.

 

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