hing $11 billion by 2003, and had garnered outsized attention in the $460 billion supermarket industry. Whole Foods had grown in lockstep with the organic sector, which was no mean feat. Greater sales meant greater profits. With 172 stores in the
United States,
Canada, and
Britain, where it had purchased the Fresh & Wild chain, it had become a growth company boasting $4 billion in sales in a stagnant industry littered with casualties, thanks to Wal-Marts strategy of "everyday low prices." Whole Foods managed to sidestep that fray by focusing on, well, people like me. And it had done so without many noticeable marketing expenditures, like the insert ads or double coupons that supermarkets routinely offer to keep customers shopping.
Something besides advertising was driving this market and Whole Foods had tapped into it. Copyright © 2006 Samuel Fromartz Author:
Samuel Fromartz is a business journalist who has written for Fortune, Business Week, and Inc. This is his first book. He lives in Washington, D.C. For more information, please visit www.fromartz.com