WHOLE FOODS ON THE ROAD TO DETROIT VIA ACQUISITION

AUSTIN, Texas -- Whole Foods Market here said last week it will enter the suburban Detroit market next month by acquiring Merchant of Vino, Farmington Hills, Mich., in a $41.2 million stock transaction.Financial analysts told SN the acquisition would continue a trend to target affluent, educated shoppers with natural food and gourmet food under one roof, and would give Whole Foods instant expertise

AUSTIN, Texas -- Whole Foods Market here said last week it will enter the suburban Detroit market next month by acquiring Merchant of Vino, Farmington Hills, Mich., in a $41.2 million stock transaction.

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