The first test for Whole Foods Market Inc.'s new value-oriented stores will be in one of the nation's most competitive grocery landscapes.
The Austin, Texas-based chain said the first of its new 365 by Whole Foods Market stores will open next year in Silver Lake, setting up a potential showdown with rival Trader Joe's.
The former site of a Ralphs was originally intended for a regular Whole Foods Market, but the company decided to renegotiate the lease to expedite the new store's opening. The store will be about 30,000 square feet and may have a wine bar.
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