See the video and you will be up to date with the latest news about the Whole Foods Brand nationwide. Their growth is not going backwards, but it has stalled. How is this relevant to New York?
For some time Whole foods have almost totally owned the organic foods/fresh foods/healthy foods part of the market. But that market has been growing and now the inevitable has happened.
Big box food retailers are deciding they want part of the action. So Krogan and Walmart, at the very least are starting to muscle into the space, offering foods that previously you could only get at whole foods.
Now that is not going to impact Whole foods in New York, who have 5 stores here, 4 in Manhattan and 1 in Brooklyn.
Neither Krogan or Walmart have stores in NYC. But what NYC does have is a group of fresh food markets that sell organic products and some co-op stores/groups that are doing the same thing.
In other words Whole Foods Brand has been in competition with these competitive sources of organic/fresh/healthy foods and still growing bigger so I don’t think their sales are likely to be down here. New York is probably the most interesting retail space in the nation beause of it’s size, it’s history (Walmart is not in NYC because it was banned some years back), it’s very mixed demographic which means there is a higher demand for organic/healthy foods than elsewhere and it’s role as a market leader in almost any field you want to mention.