Tag: Slower

Whole Foods footfall recovery is far slower than Walmart, Kroger, Aldi

  • Whole Foods had 21% fewer visitors across its stores on October 4 compared to the same day last year, according to data by placer.ai.
  • Shopper traffic is bouncing back much faster at other grocers – it was only down 2% at Kroger’s.
  • Part of this is because Whole Foods normally gets a lot of lunchtime trade from office workers, who are now working from home, a spokesperson said.
  • Sales of packaged goods, like sandwiches and salads, has fallen 75%.
  • A Whole Foods spokesperson told Business Insider the company “is healthy and continues to grow,” and has opened 10 new stores in 2020.
  • Visit Business Insider’s homepage for more stories.

For every five in-store shoppers Whole Foods Markets had last October, it now only has four, new data suggests. 

The supermarket chain had 21% fewer visitors across its stores on October 4 compared to the same day last year, according to

Read More

The Week in Business: Jobs Added, but at a Slower Pace

Happy Labor Day weekend! I hope you are enjoying some rest, even if it’s just a staycation. Here’s the business and tech news you need to know for the (short!) week ahead. — Gillian Friedman

The United States added 1.4 million jobs in August, as employers continued to bring back workers but at a slower pace from the 1.7 million jobs added in July and down significantly from the additional 4.8 million jobs in June. And while the unemployment rate fell to 8.4 percent, from 10.2 percent in July, payrolls are still more than 11 million jobs below their pre-pandemic level. The jobs report on Friday provided some of the first data on the state of the economy as emergency federal spending, including the $600 weekly supplement to unemployment benefits, came to an end. But because the data was

Read More