Whole Food Market Swot - 8519 Words

Whole Foods Market, Inc. ------------------------------------------------- BSAD 490 ADM Delta Consulting group Strategic Business Plan 2012, 2013, 2014 Andy Fescemyer – Prefatory Items, Mission Commentary, Executive Summary, Strategic Maps Ally Long – Environmental Analysis, Appendices, Internal Forces Kyle Payne – Environmental Analysis, Appendices, External Forces Brandon Maun – Prefatory Items, Mission Commentary, Strategic Maps, Financial Projections Contents: I. Executive Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...4 II. Mission Commentary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...6 Intro. Mission Commentary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.6 A. Moral Virtues†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.6 B. Prudential†¦show more content†¦The opportunities will remain endless as the company grows in the near future. The next strategy focuses on increasing sales by 13% over the next three years. We are going to implement a customer reward program to boost our sales. By rewarding shoppers with discounts, we can encourage customers to return more frequently. This strategy will also influence customers to buy more while they are here. We could incorporate a discount card much like a debit card and it records your current discounts on groceries. The discounts can be in percentages and increase as the shopper spends. Another strategy is to increase our stockholder equity. Stockholder wealth remains a top concern when planning for the future. We would like to increase our stockholder equity by 5%. Over time, our store expansion nationally will benefit our stockholder wealth due to the expected success of those stores. We believe that our stockholders are very important to us. Therefore, the strategy to expand our stores internationally will also be an opportunity to increase their earnings. Whole Foods Market has had a history of recalls in the past. Along with product recalls, the company experiences losses. We would like to address this issue by executing a plan or strategy to reduce these recalls. First, to reduce recalls we must improve the quality of our products. To improve the quality, we would like to strengthen our evaluationShow MoreRelatedSwot Analysis : Whole Foods Market1618 Words   |  7 Pagesopportunities and treats (SWOT) related to Whole Foods Market, Inc. Much of the research and information originates from the company’s 2014 annual report. The Form10-K, reputable internet sources and the Whole Foods Market company website provided the data and information to establish a complete SWOT analysis. The research and SWOT analysis has been used to recommend a strategy for growth and sustainability of Whole Foods Market. Company Background Whole Foods Market is a leading retailerRead MoreSwot Analysis on Whole Foods Market2356 Words   |  10 PagesCOMPANY PROFILE Whole Foods Market, Inc. REFERENCE CODE: BD72666B-7DBD-4CB9-A94F-4FDC7997ECA7 PUBLICATION DATE: 30 Mar 2013 www.marketline.com COPYRIGHT MARKETLINE. THIS CONTENT IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OR DISTRIBUTED. Whole Foods Market, Inc. TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts.........................................................Read MoreWhole Foods Market Swot Analysis2788 Words   |  12 PagesRunning Head: WHOLE FOODS MARKET SWOT ANALYSIS [pic] DeVry University Tracy Morgan Principals of Management 303 Instructor’s Name: Michelle Dawes Birt Assignment Issue Date: January 2, 2011 Assignment Due Date: January 23, 2011 Originally, Whole Foods Market (WFM) was founded in Austin, Texas, in 1980 with a staff of 19 people. As soon as the store opened, it was an immediate success and there were less than half a dozen natural food supermarkets in the United States. From 1980Read MoreSwot Analysis : Whole Foods Market1420 Words   |  6 Pagesorganizations. Whole Foods Market emphasizes that their vision goes beyond food and into supporting the health, well-being, and healing of customers, employees, and Business organizations in general- and the planet (2). In May 2016 Whole Foods markets shares fell over 25% because of the organizational failure to attract new customer and not shredding its expensive image (2). Competitor Joes is expected to surpass Whole Foods Market. With the sales of organic food expanding, Whole Foods will have toRead MoreWhole Foods Market Case Analysis1687 Words   |  7 PagesWhole Foods Market Case Analysis Whole Foods Market has received recognition as recent as January 27th 2011 when CNBC aired Supermarkets Inc: Inside a 500 Billion Money Machine. â€Å"Whole Foods is arguably the most influential, and by some measures, the most successful supermarket chain in the world. The specialty gourmet store has grown into a Fortune-300 company offering specialty foods and locally grown organic produce.1† CNBC goes on to state that even â€Å"Established brands like Safeway, Giant EagleRead MoreStrategic Management-Whole Food Market Essay1505 Words   |  7 PagesStrategic Management-Whole Food Market Whole Foods Market competes in the industry of grocery products. As it come to light from the study his industry is highly competitive. This market’s traites are the low prices and convenience are the dominant factors driving consumers to the supermarkets today. The emergence of the supermarkets in the 1930s was result of a three major changes in society: 1.,The shift in population from rural to urban areas.; 2., An increase in disponsable income.; 3., IncreaseRead MoreWhole Foods Market Overview1525 Words   |  7 Pages Whole Foods Market Background Whole Foods Market is an American based retail-chain grocery store. They strictly sell both natural and organic food, offering a variety of products. â€Å"Natural† refers to food that is free of growth hormones or antibiotics, while â€Å"certified organic† food must meet the standards of the US Department of Agriculture (USDA). Whole Foods Market is the leading retailer in the natural and organic foods, with 193 stores in 31 states, Canada, and the United Kingdom. WithRead MoreWhole Foods Strategic Plan1261 Words   |  6 Pages Whole Foods – Strategic Plan IST 7100 September 20, 2014 Kunal Parekh Whole Foods Market, Inc. which is headquartered in Austin, Texas, is an American foods supermarket chain it was founded by John Mackey who currently serves as the CEO of Whole Foods. To sum up their mission and vision statement, Whole foods as a company strives to help out in promoting positive health and well-being of people, this includes team-members, customers and the whole planet inRead MoreWhole Foods Market: Changing The Shopping Experience. German1496 Words   |  6 PagesWhole Foods Market: Changing the Shopping Experience German A. Padilla Saint Leo University Abstract Whole Foods Market is probably the world leader in retailing natural and organic foods, with over 433 stores in North America and the United Kingdom (Whole Foodsmarket.com). With a commitment to provide the highest quality of natural and organic foods at competitive prices; they steadily continue to expand globally. This paper will provide some insight on the advantages and disadvantages of perhapsRead MoreWhole Foods Market : Company Background And History1676 Words   |  7 PagesCompany Background / History Whole Foods Market first opened on September 20, 1980 in Austin, Texas, which is the company headquarters. The founders were John Mackey, Renee Lawson, Craig Weller, and Mark Skiles where they decided that the natural food industry was ready for a supermarket format (Whole Foods Market History, 2015). The current CEO’s are John Mackey and Walter Robb IV. Whole Foods Market stock ticker symbol is WFM and their NACIS code is 445110 (WFM Morningstar, 2015). The industry