If Everyone Is Cooking At Home, Why Isn't Whole Foods Booming?
- 4 years ago
With so many people working from home, restaurant traffic is down but grocery stores are getting plenty of business.
But according to Business Insider, Whole Foods had 21% fewer visitors across its stores on October 4 compared to the same day last year.
That flies in the face of other grocery store chains, where traffic is bouncing back much faster. At Kroger's, for example, business was only down 2%.
A Whole Foods spokesperson said stores normally get a lot of lunchtime trade from office workers, who are now working from home.
Sales of packaged sandwiches and salads have fallen 75%. For every five in-store shoppers Whole Foods Markets had last October, it now only has four.
But according to Business Insider, Whole Foods had 21% fewer visitors across its stores on October 4 compared to the same day last year.
That flies in the face of other grocery store chains, where traffic is bouncing back much faster. At Kroger's, for example, business was only down 2%.
A Whole Foods spokesperson said stores normally get a lot of lunchtime trade from office workers, who are now working from home.
Sales of packaged sandwiches and salads have fallen 75%. For every five in-store shoppers Whole Foods Markets had last October, it now only has four.