Executive Summary Whole foods has been a major natural and organic supermarket player since it was founded in 1980. It’s success can be linked to number of different factors‚ arguably the most valuable of which was the development of their “Whole Foods‚ Whole People‚ Whole Planet” slogan in the late 90’s. This was a key factor in their success‚ it outlines Whole foods most basic mission and has been the mantra in which all value‚ vision‚ and growth decisions are derived. The whole foods part of the slogan
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{draw:rect} The decision to buy organic food products in India Siddharth Narayanan‚ Soumya De‚ Abstract Purpose – The purpose of this paper is to investigate the consumers’ decision-making process for purchase of organically produced foods in India Design/methodology/approach – Using already existing research model and scale‚ forming hypothesis‚ and testing its validity in Indian context. Using convenient sampling (Tier 1‚ 2 B school Graduates) to gather data for factor loading.
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ANALYSIS Political factors - A government that is based on“A healthier you” strategy - Reporting of organic prices - Safety inspections Services ==> Positive impact Economic factors - Increase of 3.9% in the third quarter - Real Personal Consumption expenditures (increase of 3% in the third quarter) - Temporary Personal Income (increase of 6.1% in the third quarter) - European Markets : Weak dollar against Euro‚ increase in the interest rates. ==> Moderate impact Socio-cultural factors
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Global trend of organic food In 1950s‚ consumers are starting to aware of organic product and in 1970s to 1980s‚ organic sector start to develop‚ e.g. set up regulation and certification around the world. In 1990s‚ the organic food market has a sharp growing‚ expanding at 20% a year. In 2006‚ the sales of organic baby food were increased 21.6%. There are also has dramatically increase in variety‚ availability and decreasing the cost of organic food. Local trend of organic food At the end of
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Whole Foods Strategy Prior to the recession of 2008‚ Whole Foods’ strategy focused on Growth‚ Store Location‚ Product Line‚ and Pricing. After going public in 1991‚ Whole Foods implemented a Growth strategy that included opening new stores and acquiring smaller chains in attractive markets. Store Location strategy involved finding locations in affluent‚ urban areas. High traffic shopping destinations and prime real estate spots were part of this Location strategy. The strongest strategic element
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stockholders‚ customers‚ and the community. The mission statement of the Whole Foods Markets stems from its Motto‚ and its Core Values and Quality Standards direct the words of the
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retailing of organic foods and the impact of these trends on Whole Foods Market. Existing trends in the retailing of organic foods are healthier eating habits‚ concern over purity of foods‚ health-consciousness and the idea that eating organic foods have a positive effect on the environment (Thompson‚ 2010). The craze of purchasing only organic foods has an effect on not only Whole Foods but on many supermarket chains. Although organic foods are marked up in comparison to processed foods there is
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“why organic?” Our campaign‚ “why organic?”‚ includes a series of print ads that increase awareness to consumers about chemically injected foods. Our campaign is differentiated from other campaigns by the multiple perspectives our ads take while sharing a common theme in design and overall point. Humorous‚ fearful‚ and informative pictures and facts are used to show consumers the connection between non-organic foods and disease‚ cancer‚ and other disorders in consumers. Although organic foods are
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Executive Summary Whole Foods is known as “America’s Healthiest Grocery Store.” They are known for this due to their commitment to seek out the finest natural and organic foods available while maintaining the strictest quality standards in the industry‚ and have an unshakeable commitment to sustainable agriculture. (Whole Foods) In 2012‚ Whole Foods was the industry leader with having over 30% of the Organic Market sales. Whole Foods has continued to have increasing sales and profit growth every
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Organizational Behavior at Whole Foods Introduction This paper will discuss the organizational behavior concepts that relate to Whole Foods. These concepts include Theory X and Theory Y‚ human and social capital‚ the profile of the 21st century manger‚ Carroll’s Global Corporate Social Responsibility Pyramid and the seven moral principles. Whole Foods Market is a supermarket chain that functions through several completely maintained divisions. The supermarkets are located in the US‚ Canada
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