Whole Foods discontinuing 365 store concept

Whole Foods Market is going to discontinue its littler, value-based 365-brand store idea, as per an interior notice from CEO John Mackey gotten by the American-Statesman Friday. In the update, Mackey said the grocery chain will keep on working its 12 existing 365 stores however won’t open any new areas, and that employees of those stores will see no change. “As we have been consistently lowering prices in our Whole Foods Market stores over the past year, the price distinction between the two brands has become less relevant,” Mackey said.…

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