Whole Foods to Launch Lower Cost ‘365’ Stores

A new, lower-cost version of Whole Foods grocery stores will be debuting in five markets in the second half of 2016. "365" by Whole Foods Market has been described as “hip, cool and tech-oriented” by co-founder and co-chief executive John Mackey. The company appears to be specifically targeting areas with large hipster populations, MarketWatch reports. The first of the new stores will be in the Silver Lake neighborhood of Los Angeles, which was selected as America’s No. 1 hippest hipster neighborhood by Forbes. Each of the new 365 stores will be opening in markets where Whole Foods already has a presence. Additional 365 locations are slated for Houston, Portland, Bellevue and Santa Monica[MW]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Why Hines Is Restarting Its Development Engine

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

How Integrated Infrastructure Can Help AI Data Centers Deploy Faster, Build Smarter

Nvidia Buys Stake In Data Center Power Company

Trammell Crow Starts Phase Of 2M SF Industrial Park: The Houston Deal Sheet

Invesco Cuts Fees, Adds Incentives To Quell Fund Redemption Requests

Investors Anchor Big Capital Into Marinas, Betting On Shallow Supply

Oncology Company Expands Footprint At Hines' Life Sciences Campus

Nike Closes 15 Stores Amid Tumultuous Year

Large Commercial Real Estate Sales Up 30% Despite Economic Headwinds

Evergrande Founder Sentenced To Life, 56 Others Sent To Prison In China

Loud And Clear: Why Aiphone Thinks Intercom Ownership Is Best For Multitenant Buildings