• DATVF.ATLPHL
    1.743
    -0.027
    -1.5%
  • DATVF.CHIATL
    1.978
    -0.165
    -7.7%
  • DATVF.DALLAX
    0.916
    -0.086
    -8.6%
  • DATVF.LAXDAL
    1.446
    -0.049
    -3.3%
  • DATVF.SEALAX
    1.006
    0.021
    2.1%
  • DATVF.PHLCHI
    1.069
    0.000
    0%
  • DATVF.LAXSEA
    2.100
    0.056
    2.7%
  • DATVF.VEU
    1.597
    -0.064
    -3.9%
  • DATVF.VNU
    1.444
    -0.031
    -2.1%
  • DATVF.VSU
    1.181
    -0.068
    -5.4%
  • DATVF.VWU
    1.553
    0.038
    2.5%
  • ITVI.USA
    9,341.010
    -36.040
    -0.4%
  • OTRI.USA
    6.770
    -0.020
    -0.3%
  • OTVI.USA
    9,341.030
    -34.640
    -0.4%
  • TLT.USA
    2.740
    0.000
    0%
  • WAIT.USA
    156.000
    -2.000
    -1.3%
  • DATVF.ATLPHL
    1.743
    -0.027
    -1.5%
  • DATVF.CHIATL
    1.978
    -0.165
    -7.7%
  • DATVF.DALLAX
    0.916
    -0.086
    -8.6%
  • DATVF.LAXDAL
    1.446
    -0.049
    -3.3%
  • DATVF.SEALAX
    1.006
    0.021
    2.1%
  • DATVF.PHLCHI
    1.069
    0.000
    0%
  • DATVF.LAXSEA
    2.100
    0.056
    2.7%
  • DATVF.VEU
    1.597
    -0.064
    -3.9%
  • DATVF.VNU
    1.444
    -0.031
    -2.1%
  • DATVF.VSU
    1.181
    -0.068
    -5.4%
  • DATVF.VWU
    1.553
    0.038
    2.5%
  • ITVI.USA
    9,341.010
    -36.040
    -0.4%
  • OTRI.USA
    6.770
    -0.020
    -0.3%
  • OTVI.USA
    9,341.030
    -34.640
    -0.4%
  • TLT.USA
    2.740
    0.000
    0%
  • WAIT.USA
    156.000
    -2.000
    -1.3%
American Shipper

Whole Foods to sell 35 stores, Riverside distribution center

Whole Foods to sell 35 stores, Riverside distribution center

Austin, Texas-based specialty grocery Whole Foods Market Inc. said Wednesday it plans to sell 35 Henry’s and Sun Harvest stores outlets, and a Riverside, Calif. distribution center.

   The firm said the stores, now owned by Boulder, Colo.-based Wild Oats Market Inc., will be transferred to Commerce, Calif.-based Smart & Final Inc. if a proposed merger between Whole Foods and Wild Oats concludes.

   The 35 stores, according to Whole Foods Chief Executive John Mackey 'do not fit into Whole Foods Market’s long-term real estate and brand strategy.'

   The company noted that this sale is subject to prevailing in the current lawsuit with the U.S. Federal Trade Commission regarding its proposed $565 million merger with Wild Oats Markets Inc. and the actual closing of that merger.

   In February, Whole Foods entered into a merger agreement, under which the firm commenced a tender offer to buy all the outstanding shares of Wild Oats Markets for $18.50 per share in cash, plus assumed debt.

   The FTC, which applied for an injunction to block the merger, alleging it would affect competition and increase prices for consumers. A court hearing on the preliminary injunction is set to start on July 31.

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