Whole Foods, Natural And Specialty Foods Essay

793 Words Dec 10th, 2014 4 Pages
y

Whole Foods operates in organic, natural and specialty foods in the retail industry. In 1980, John Mackey Renee Lawson, Craig Weller and Mark Skiles founded Whole Foods in Austin, Texas. In early 1978, John Mackey and Renee Lawson borrowed $45,000 from their families to start a grocery store called Safer Way (“History, n.d.”). Lawson and Mackey, ages 21 and 25, lived in an apartment near Safer Way and soon got booted for storing food products at their place. Shortly after, they decided to live in their grocery store. They had no showers, so instead they used the hose from the dishwasher. A couple years passed, Mackey and Lawson decided to merge with Craig Wellers and Mark Skiles, owners of Clarksville Natural Grocery. They all wanted to form a healthy grocery store and decided to open Whole Foods as a team. The first store had 19 employees and they all performed so well that Whole Foods was immediately successful (“History”). One year later on Memorial Day, there was a huge flood that devastated Austin, Texas. The inventory and equipment were entirely damaged. According to Whole Foods Website, the losses were approximately $400,000 and Whole Foods Market had no insurance at that time. The owners were devastated, but they decided to seek help from creditors, vendors, neighbors and customers to clean and repair the damage. In less than a month, the store was back in business.
Years after successful business, the founders decided to expand Whole Foods into other states.…

Related Documents