Please enable JavaScript.
Coggle requires JavaScript to display documents.
Whole Foods (About the company (Sells natural and organic foods, 70000…
Whole Foods
About the company
-
-
More than 400 locations
in the US, Canada, the UK
-
-
-
-
-
SWOT
Strength
-
-
-
- Increasing automation in business
- Increasing mobile use in people’s daily life
-
Weakness
-
-
-
- Higher price compared to non-organic products
- Might only interest people in urban+surrounding area due to different view on importance of healthy food and purchase power
- Many products have to be imported because UK weather and soil does not support a lot of food
- Finding organic suppliers who produced in large scale with lower price in Europe might be challenging due to weather and cost of operation
Opportunity
-
-
-
-
- There isn’t any specific store for organic food with strong brand such as Whole Foods in UK just yet
- Lower price healthy foods
- Private farm so they can control its produce and distribution
Threats
-
-
-
- Uncertainty political condition
- Uncertainty of economic condition. Downfall in economy will discourage customer from purchasing high quality
- UK doesn’t have big cities as many as US so number of stores might be limited
PEST
Political factors
-
-
-
- Regulations on GMO (Organic Foods), compliance standards of food
- Brexit uncertainty (importation of food rules)
-
-
Economical factors
-
-
- Exchange rates and stability of GBP during brexit
- People’s purchase power because whole foods typically more expensive compared to already established market
- Stability of economy in general because uncertainty deals in Brexit
Social factors
-
-
-
- Social preference (do people prefer organic foods with more expensive price or ok with lower price non-organic food?)
- Increasing campaign of healthy lifestyles
- Increasing awareness of diversity in food (more choice for products)
-
Technological factors
-
-
- Increasing automation in business
- Increasing mobile use in people’s daily life
-
Future
Challenge
-
Buyer’s economy condition
UK’s trade deal is still uncertain for domestic farmers
Possible strong competition from established market such as Waitrose and Sainsburys
Regulations on organic foods
Global warming, may threat farming cycles
Strategy
-
- Private farm, Whole Foods has the capital for it
- Expansion on online shopping so people who lives far away from the store or too busy to visit can still shop
- Weekly box strategies (we ship items+recipes) such as hellofresh or blue apron so people who likes organic foods but doesn’t know how to cook them can still enjoy and shop at Whole Foods