Preview

Business Brief 2

Powerful Essays
Open Document
Open Document
1947 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Brief 2
To: David Dillon, CEO, The Kroger Co., ddillon@kroger.com

From: Nichole Brandenburg, nbrandenburg@kroger.com

Subject: “Whole Foods Market, Inc. 2011 & 2012 Annual Report Review”

Date: October 23, 2013

Dear David:

In response to your request, I have reviewed Whole Foods Market, Inc. Annual Stakeholders’ Reports for 2011 and 2012. Please review this email report for my findings on tone, theme, content, format and financials; my recommendation is to explore Whole Foods, Inc. further for potential purchase by The Kroger Co.

Tone of The Whole Foods, Inc. 2011 & 2012 Annual Reports

The Annual Stakeholders’ Reports are located on the company webpage within the Company Relations tab under Investor Relations, Annual Reports. http://www.wholefoodsmarket.com/company-info/investor-relations/annual-reports.
The Annual Stakeholders’ Reports are listed year by year, and each report is bulleted with four similar titles: Form 10-K, Annual Stakeholders Report, Letter to Stakeholders, and Notice of Yearly Annual Meeting & Proxy Statement. The Form 10-K contains a title page, a table of contents, and the content of the report that is organized as Part I – Part IV with Items 1 – 15 within the Parts. The Form 10-K is an analytic report written with a formal tone, and the theme is consistent throughout the report. The Form 10-K offers information and analysis; the content within the annual report (Form 10-K) is written in paragraph form with bold topic headings and italicized subheadings. The Annual Stakeholders’ Report includes graphics and tables to clarify financial data for the corresponding year. After reading the Letter to Stakeholders, located at the front of the report, I have gathered a positive message of company growth.

Review of Management Letters and other Front Matter

The Letter to Stakeholders is written by Whole Foods, Inc. Co-CEO’s, John Mackey and Walter Robb. The 2011 letter starts with the CEO’s describing Fiscal 2011

You May Also Find These Documents Helpful

  • Satisfactory Essays

    the main purpose of the report is to provide the year’s financial data, which comes from the corporation’s…

    • 453 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Stakeholder can consist of both internal (employees, managers, board members, etc.) and external (investors, customers, suppliers, etc.). As a stakeholder in a company, it is very important to know how the company is performing. Financial reporting can deliver information to help them know how profitable the company is or not. Investors and creditors have the right know if their investment is being spent sensibly and if they will be getting a return on their investment. Employees want to know if the company they are working for is doing good or bad so they can plan for the future. If the company is not doing well, they might not get a raise or the company could go bankrupt and they could be without a job. Many internal stakeholders have stock options with the company; therefore it is important for them to know if the company they are working for will be making money or not which in turn will make them money. All stakeholders, internal or external, want to know how…

    • 2269 Words
    • 7 Pages
    Better Essays
  • Better Essays

    Eth 316 Simulation Week 3

    • 1059 Words
    • 5 Pages

    The primary stakeholders for this issue are the shareholders, the General Counselor, the Director of IT, the VP of HR, Jamal Moore, and Aaron Webb. Some of the…

    • 1059 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Whole Foods Market has managed to build a strong brand reputation and has achieved having unique products in their stores. They’ve mastered the ability to offer high quality organic food and carry a variety of products, which most organic markets are not able to achieve. Furthermore, when visiting their stores customers are welcomed into a positive employee environment (Whole Foods SWOT, n.d.).…

    • 271 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Whole Food Market has become the largest retailer of natural foods in the United States. The company's fundamental values are the commitment to promoting sustainable food production practices and social responsibility; meanwhile, they also generate significant profits to satisfy the requirements of the traditional bottom…

    • 243 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Stakeholder for Staples

    • 2016 Words
    • 9 Pages

    Stakeholders are individuals and constituencies that contribute, either voluntarily or involuntarily, to its wealth-creating capacity and activities, and who are therefore its potential beneficiaries and/or risk bearers1. There are several different types of stakeholders associated with a corporation, and those stakeholders can have different views and opinions on what corporation 's goals should be and how they should be running. I have interviewed three different stakeholders of Staples Inc., an employee, a customer and a stock holder, to find their relationship between them and the firm. Then, I will use this information to suggest how the firm should proceed and continue to have a better and more beneficial relationship with its stakeholders.…

    • 2016 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Whole Foods Strategic Plan

    • 1273 Words
    • 5 Pages

    Whole Foods competitive advantage is its broad product offerings; it offers broad selection of perishable foods which is designed to appeal to both natural foods and gourmet shoppers. In addition to that the company prides itself in offering a wide variety range of products that include a range of produce, seafood, grocery, meat and poultry, bakery, prepared foods and catering, specialty (beer, wine and cheese), coffee and tea, nutritional supplements, vitamins, body care, educational products such as books, floral items, pet products and household products. Whole Foods ability to be able to offer these range of products at all its locations has enabled the company to continue to stay competitive and maintain a…

    • 1273 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Oxfam and Tesco

    • 890 Words
    • 4 Pages

    |Stakeholders |Description |Point of view and influence on aims and |Description |Point of view and influence on aims and |…

    • 890 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    10-K annual report has strict rules and has mainly a legal purpose. The government is the major audience. 10-K report is broken down into sections. Every publicly traded company must file 10-K. In contrast, Johnson & Johnson’s annual report includes color photos and designed for general public. The annual report has an impressive presentation and offers the opportunity for Johnson & Johnson to market the company. Using the annual report as a marketing tool allows the firm to focus on strengths rather than weaknesses, especially for the main audience of the annual report, stakeholders and investors.…

    • 597 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    This assignment is to be written in business report format and should be a maximum of 2,000 words in length, excluding executive summary, cover and title pages, table of contents, and references. Times New Roman, 12 point, 1.5 line spacing, standard page margins. APA (in text) referencing system. Minimum 10 references (at least five from recognised academic journals).…

    • 3054 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Whole Foods “walks the talk” when it comes to fulfilling its core values. Whole Foods has extremely high standards when it comes to choosing its suppliers and products. Whole Foods has strict standards which are adhered to when it comes to the ingredients used in the products it sells; no artificial colors, flavors, preservatives or chemicals are found in the products at Whole Foods. Whole Foods also contributes to local communities by donating a percentage of its earnings to charities and non-profit organizations. Whole Foods’ core values have definitely contributed to its success. Whole Foods boasts a very low employee turnover rate; one much lower than traditional big box grocers. Whole Foods offers competitive benefits packages for its employees and promotes from within the company. Employees seem very satisfied with working for Whole Foods, which is a major contributor to its success. The high quality of products offered and the relationship with its suppliers has also been a major success factor. Whole Foods actually works with the farmers and suppliers, often times extending loans so that its high quality standards can continue to be met.…

    • 824 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Whole Foods Analysis

    • 3789 Words
    • 16 Pages

    Marquis, C., Besharov, M., & Thomason, B. (2011). Whole foods: Balancing social mission and growth. Boston, MA: Harvard Business School.…

    • 3789 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    Whole Foods

    • 1021 Words
    • 5 Pages

    * Whole Foods Market was founded in 1980 working with natural and healthy foods in Austin, Texas; it’s one of the world’s largest of natural and organic foods supermarkets. In 2009, the sales total $8 billion and had 289 stores in the U.S. The Whole Foods Market plans to come up with strategies to help improve the company but to do so understanding the core values plays a major role in the company’s planning. The strategies they want to improve the growth strategy, store location strategy, product line strategy, pricing, control expenses, and merchandising strategy. This company values keeping all its products natural meaning minimally processed, largely or completely free of artificial ingredients, preservatives, and other non-naturally occurring chemicals, and as near to their whole, natural state as possible.…

    • 1021 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Management Brief

    • 810 Words
    • 4 Pages

    With APS, SIG was able to arrive at optimal decisions in a fraction of the time taken before.…

    • 810 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Marketing - Client Brief

    • 4635 Words
    • 19 Pages

    THE CLIENT BRIEF A best practice guide to briefing communications agencies Joint industry guidelines for young marketing professionals in working effectively with agencies FOREWORD “FORGET, JUST FOR A MINUTE, THAT YOU ARE BRIEFING AN AGENCY. INSTEAD, PRETEND YOU ARE STANDING ON THE BANK OF A RIVER ABOUT TO BUILD A BRIDGE.” Around you are architects, builders, all sorts of different experts that you have hired to help you. They might all come from different specialist companies, they might all come from a single one-stop-bridge-shop.…

    • 4635 Words
    • 19 Pages
    Good Essays