Whole Foods Market Company History Timeline

(10,760 Jobs)
1980

The company was founded by John Mackey, Renee Lawson Hardy, Craig Weller and Mark Skiles on September 20, 1980 and is headquartered in Austin, TX.“

Two years later, John Mackey partnered with Craig Weller and Mark Skiles to merge SaferWay with their Clarksville Natural Grocery, resulting in the opening of the original Whole Foods Market on September 20, 1980.

1981

The following Memorial Day, on May 25, 1981, the most damaging flood in 70 years devastated Austin.

1989

In 1989, the company expanded to the West Coast with a store in Palo Alto, California.

1997

In response, the company added its 365 Everyday Value product line and purchased Allegro Coffee Company in 1997.

The company purchased Allegro Coffee Company in 1997.

1999

The company’s 100th store was opened inTorrance, California, in 1999.

The company's 100th store was opened in Torrance, California, in 1999.

2000

The first was Natural Abilities in 2000, which did business as Food for Thought in Northern California.

The SEC considered whether or not the CEO had selectively disclosed material corporate information, which could violate a securities law passed in 2000 (known as Regulation Fair Disclosure) designed to prevent executives from sharing information with favored clients or analysts.

2002

In 2002, the company continued its expansion in North America and opened its first store in Toronto, Ontario.

2003

Further continuing its expansion, Select Fish of Seattle was acquired in 2003.

A seafood processing plant was opened in Atlanta in 2003, the year in which Whole Foods became the United States’ first national “certified organic” grocer.

2004

In 2004, Whole Foods Market entered the United Kingdom with the acquisition of seven Fresh & Wild stores.

In late 2004, it was reported that Whole Foods had "cleared $188 million in profits in the last two years."

In 2004, Whole Foods Market entered the UK by acquiring seven Fresh & Wild stores.

2005

In 2005, Whole Foods opened its 80,000-square-foot (7,400 m2) flagship store in downtown Austin.

In 2005, Whole Foods opened its 80,000 sq ft (7,400 m) flagship store in downtown Austin.

2006

Under the agreement, Whole Foods Market, Inc. would also assume Wild Oats Markets Inc.’s existing net debt totaling approximately $106 million as reported on September 30, 2006.

Under the agreement, Whole Foods Market, Inc. would also assume Wild Oats Markets Inc.'s existing net debt totaling approximately $106 million as reported on September 30, 2006.

2007

In June 2007, it opened its first full-size store, a total of 80,000 sq ft (7,400 m2) on three levels, on the site of the old Barkers department store in Kensington High Street, West London.

On June 27, 2007, the Federal Trade Commission (FTC) issued an administrative complaint challenging Whole Foods Market, Inc.’s acquisition of Wild Oats Markets Inc.

In June 2007, it opened its first full-size store, a total of 80,000 sq ft (7,400 m) on three levels, on the site of the old Barkers department store on Kensington High Street, West London and currently their largest store in the world.

On June 27, 2007, the Federal Trade Commission (FTC) issued an administrative complaint challenging Whole Foods Market, Inc.'s acquisition of Wild Oats Markets Inc.

Both Whole Foods Market and Wild Oats stated their intention to vigorously oppose the FTC’s complaint and a court hearing on the issue was scheduled for July 31 and August 1, 2007.

On July 17, 2007, Whole Foods Market stated that its board had formed an independent committee to investigate the postings.

Both Whole Foods Market and Wild Oats stated their intention to vigorously oppose the FTC's complaint and a court hearing on the issue was scheduled for July 31 and August 1, 2007.

In October 2007, the company completed the sale of all 35 Henry’s Farmers Market and Sun Harvest Market stores to a subsidiary of Los Angeles grocer Smart & Final Inc. for $166 million.

For example, 35 Henry's Farmers Market and Sun Harvest Market stores were sold to a subsidiary of Los Angeles grocer Smart & Final Inc. for $166 million in 2007.

2008

The SEC cleared Mackey of the charges on April 25, 2008.

On July 29, 2008, the Court of Appeals for the District of Columbia overturned the district court’s decision allowing the merger.

On July 29, 2008, the Court of Appeals for the District of Columbia overturned the district court's decision allowing the merger.

The flagship Bristol branch was closed because it had “not met profitability goals”. In the year to September 28, 2008, the UK subsidiary made a £36M loss due to a large impairment charge of £27M and poor trading results due to the growing fears of global recession.

The flagship Bristol branch closed because it had "not met profitability goals". In the year to September 28, 2008, the UK subsidiary lost £36 million due to a large impairment charge of £27 million and poor trading results due to the growing fears of global recession.

Company executives claimed that as many as forty stores might eventually be opened throughout the UK. However, by September 2008, in the wake of Whole Foods Market's financial troubles, Fresh & Wild had been reduced to four stores, all in London.

On October 2008, as part of the ongoing FTC antitrust investigation, Whole Foods Market subpoenaed detailed financial records, market studies, future strategic plans, and other information from New Seasons Market, a regional competitor based in the Portland area.

In 2008, Whole Foods opened its southeast distribution center in Braselton, Georgia, also making it its first green distribution center for the company.

Whole Foods opened its first store in Hawaii in 2008 and in 2008 it also opened a southeast distribution center in Braselton, Georgia, calling it the first "green distribution center" for the company.

2009

In 2009 Whole Foods agreed to sell the Wild Oats chain.

2011

A first Scottish store was opened on November 16, 2011 in Giffnock, a suburb of Glasgow.

A first Scottish store was opened on November 16, 2011 in Giffnock, Glasgow.

However in 2011, global sales grew +8% each financial quarter as shoppers returned to the chain.

However, in 2011, global sales grew +8% each financial quarter as shoppers returned to the chain.

2012

A new UK store in Cheltenham opened on November 7, 2012, creating 150 jobs.

2013

In 2013, Whole Foods said it would open around 40 more stores in Canada over time.

2014

Along with new acquisitions, such as the 2014 purchase of seven Dominick's Finer Foods locations in Chicago, Whole Foods has also sold stores to other companies.

2017

In February 2017, Whole Foods Market said it would close nine of its stores and lowered its financial projections for the year, as the natural-foods company struggled with increased competition and slowing sales growth.

In late April 2017, Whole Foods reported their sixth consecutive quarter of declining sales, and announced that the company would be closing nine stores: two each in Colorado and California, and one each in Georgia, Arizona, Utah, New Mexico, and Illinois.

In June 2017, Amazon purchased Whole Foods Market for $13.7 Billion.

On June 15, 2017, Amazon announced it would acquire Whole Foods Market, adding some 400 physical stores to Amazon's e-commerce assets.

Whole Foods opened its second store in western New York in Amherst, a suburb of Buffalo in September, 2017.

Whole Foods closed its Giffnock and Cheltenham stores at the end of November 2017, under a rationalisation plan.

But it was also humbled a few times in its history — before being purchased by Amazon for $13.7 billion in 2017, Whole Foods weathered a flood, financial downturns, and FTC probes.

Whole Foods went through many phases before being acquired by Amazon for $13.7 billion in 2017.

2018

In 2018, Whole Foods Market announced its possible intention to take over some vacant Sears and Kmart stores and refurbish them after Sears Holdings Corporation, which owned both chains, filed for bankruptcy in October.

2019

In April 2019, Whole Foods opened its largest store in the Southeast in Midtown Atlanta.

Founded
1978
Company Founded
Headquarters
Austin, TX
Company Headquarter
Founders
John MacKey,Walter Robb,Craig Weller,Mark Skiles,Renee Lawson
Company Founders

Whole Foods Market Jobs Nearby

Whole Foods Market Jobs

Whole Foods Market Similar Companies

Find Jobs from Similar Companies
Personalize your job search. Where would you like to work?
0 selections

Whole Foods Market Similar Companies Jobs