Whole foods close nine stores due to slow sales

Whole foods have announced that they will be shutting down stores after the sales started showing a decline. The franchise has shown sales decline for the sixth straight quarter and now aims to improve the results by analysing customer data.

“We’re examining every aspect of our retail operations,” Whole Foods co-founder John Mackey said.

One of the reasons for the decline is assumed to be the strict competition that Whole Foods has been getting from the immediate competitors like Wal-Mart.

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