Whole Foods CEO talks expansion, new tech and store formats [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
Finance's Executive Editor Brian Sozzi to delve into the company's growth plans, technological enhancements within the store, new product offerings, and more. Buechel highlights the company's recent unveiling of its ten-year vision, 'Growing With Purpose,'" which was revealed in January. The initiative aims to reconnect the company with its core values. Buechel hopes it will boost customer engagement and expand the company's reach and impact, ultimately enabling the grocer to "nourish people on the planet, which is our higher purpose." Recognizing the challenges posed by inflation, Buechel emphasizes that Whole Foods is actively working with suppliers "to minimize this impact." The company has also aimed to combat inflation for consumers by investing in its own private label to offer quality products at value-driven prices. However, Buechel acknowledges that Whole Foods is renowned for the quality and sourcing of its products and that the company aims to strike a balance by provid
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