Whole Foods Adds Six 365 Store Leases

AUSTIN, Texas – Whole Foods Market (NASDAQ: WFM) today announced that it has signed another six leases for its 365 by Whole Foods Market™ stores, bringing the total to 19 leases now signed. The new 365 by Whole Foods Market stores will be located in Akron and Toledo, Ohio; Bloomington, Indiana; Decatur, Georgia; and North Hollywood and Long Beach, California.

Whole Foods Market renegotiated leases in development for locations in Akron, Toledo and Bloomington, converting them from Whole Foods Market stores to 365 stores. 

“Experience and efficiency were top-of-mind when making investments in developing these stores,” said Jeff Turnas, president of 365 by Whole Foods Market. “Our new stores will give shoppers access to a thoughtful selection of high-quality food in a fun and efficient environment, whether it’s for a quick lunch stop or a weekly shopping trip.”

Designed to complement the Whole Foods Market brand, 365 by Whole Foods Market will feature a curated mix of products that adhere to the company’s industry-leading quality standards, in a modern and streamlined retail environment. Additionally, customers can expect to find unique in-store experiences through a program called “Friends of 365.”

Three 365 by Whole Foods Market stores will open in 2016: the first on May 25, in the Silver Lake neighborhood of Los Angeles; the second on July 14, in Lake Oswego, Oregon; and the third, this fall in Bellevue, Washington. As many as 10 additional 365 by Whole Foods Market stores are expected to open in 2017. 

Source: Whole Foods Market