Supermarket News - Feb 22, 2010Whole Foods Market, Inc. (WFMI)
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Scott Van Winkle
at
Canaccord Adams"Consumers are going to remember the 2000s as a time when the quality of food retailing dramatically improved," said Scott Van Winkle, who covers the company as a managing partner for Canaccord Adams "And
Whole Foods can take some of the credit for that" Even during the depths of the recession in 2008, when
Whole Foods was struggling to retain even its core customers, management emphatically resisted calls for it to loosen standards in order to make prices more competitive and attract more mainstream shoppers "Quality is our compass and we're going to continue to steer by it because that's who we are and that's who we are in the marketplace," said Walter Robb, co president and chief operating officer "And I think customers know that and appreciate it"
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<span class="sent">"Consumers are going to remember the 2000s as a time when the quality of food retailing dramatically improved," said <span class="analyst">Scott Van Winkle</span>, who covers the company as a managing partner for Canaccord Adams</span> "And <span class="company">Whole Foods</span> can take some of the credit for that" Even during the depths of the recession in 2008, when <span class="company">Whole Foods</span> was struggling to retain even its core customers, management emphatically resisted calls for it to loosen standards in order to make prices more competitive and attract more mainstream shoppers "Quality is our compass and we're going to continue to steer by it because that's who we are and that's who we are in the marketplace," said Walter Robb, co president and chief operating officer "And I think customers know that and appreciate it"
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