Home / FINANCE / Markets / Whole Foods has a ‘high class’ problem that’s heading to ‘entirely empty’ shelves

Whole Foods has a ‘high class’ problem that’s heading to ‘entirely empty’ shelves


Whole Foods
A Whole Foods store in Richmond,
Virginia.

Business
Insider


  • Barclays analysts visited Whole Foods stores and found
    “entirely empty” shelves, displays, and prohibited food bars and
    furnish that “appeared to have deteriorated.”
  • The problem could be demonstrative of aloft shopper
    trade during Whole Foods, though also mislaid sales. 
  • “This is a high category problem if in fact sales have
    unequivocally accelerated – though is also an execution emanate resulting
    in mislaid sales,” analysts said.

 

Some Whole Foods stores are in irregularity with “entirely
empty” shelves and deteriorating produce, according to recent
store checks by Barclays analysts. 

In a investigate note published Tuesday, analysts pronounced they
encountered “high” out-of-stock issues final week in every
dialect of one Midwest store opposite both private-label items
and branded items.

At another store located on a East Coast, that was strike with a
winter charge progressing in a week, register problems were
“extraordinary,” analysts said.

“The store had no bananas and a supply of eggs and Tropicana
products was really low,” a Barclays analysts wrote. “Entire
displays, refrigerated cases, and finish caps were totally empty.
The prepared dishes prohibited bar was wholly empty.”

Admittedly, a winter charge had only impacted a region
though we were astounded out-of-stocks were during such levels,” the
analysts added. Whole Foods did not immediately respond to a
ask for comment.


Whole Foods
A Whole Foods store in Richmond,
Virginia.

Business
Insider


The out-of-stock issues could be a certain pointer for Whole Foods,
indicating aloft shopper traffic. But a issues are also
demonstrative of mislaid sales.

“This is a high category problem if in fact sales have really
accelerated – though is also an execution emanate ensuing in lost
sales,” analysts said.

The analysts also remarkable that a distance and peculiarity of furnish at
Whole Foods “appears to have deteriorated.”

“It is probable this is weather-related though our
observations also coincide with several reports that customers
felt peculiarity of furnish had started to deteriorate,” a analysts
said, citing a
Business Insider report. 

Customers explain out-of-stock issues are rampant

Some business and Whole Foods employees have
claimed that out-of-stock issues during Whole Foods are
rampant.

One worker of a Texas Whole Foods store told Busines
Insider that out-of-stock issues were “horrible” over the
holidays and that a furnish dialect “looked embarrassing.”
The worker asked to sojourn unknown for fear of losing his
job. 

Long-time Whole Foods patron Richard Reisman pronounced the
Whole Foods where he shops in New York City has been having
critical register problems.

On a new visit, dual out of a 3 staples on his
selling list were out of batch and “the whole solidified fruit area
was some-more than half empty,” he said. He also pronounced it was tough to
find a selling cart. 

“This is a critical box investigate in government failure,” he
told Business Insider.

If we work for Whole Foods and have a story to share, reach
out to this contributor during hpeterson@businessinsdier.com.

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