Whole Foods Moving Away From Co-CEO Structure

Total Retail’s Take: Whole Foods is hurting from increased competition from other grocery stores, big-box chains and delivery services. Amazon is planning to open 20 of its own grocery stores in the next year, and Wal-Mart and Target are looking to expand their grocery businesses. Whole Foods’ execs have said the grocer will not participate “in a race to the bottom” when it comes to prices, but have launched a lower-priced 365 by Whole Foods Market and a digital coupon app for flagship stores.