Whole Foods Market (NASDAQ: WFM) is doing everything it can to boost its slowing traffic and deliver more sales growth, as its market-leading position in natural and organic foods has been eroded by lower cost competitors. To push back, Whole Foods has started to offer discounts and even rolled out a new, smaller footprint store concept.Now, the company is following up on those efforts with a customer loyalty program.
Will Whole Foods Market's New Loyalty Program Make A Difference?
newsfeedback@fool.com (Bradley Seth McNew), The Motley Fool
Wed, 08/31/2016 - 9:41am
BING NEWS:
- Sprouts’ loyalty program is making strides
Again, the loyalty program is considered a multiyear journey so more money will be directed there. Inventory management and talent were the other two areas where more of an investment will be made.
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