WHOLE FOODS SEES BENEFITS FROM WAL-MART'S INCURSION

AUSTIN, Texas - Whole Foods Market here said the move by Wal-Mart Stores, Bentonville, Ark., to offer more organic product should only help to increase the number of suppliers and lower purchasing costs for everyone in the long run.In a conference call discussing its results for the 12-week second quarter that ended April 9, in which the natural/organic retailer posted its 10th consecutive quarter

AUSTIN, Texas - Whole Foods Market here said the move by Wal-Mart Stores, Bentonville, Ark., to offer more organic product should only help to increase the number of suppliers and lower purchasing costs for everyone in the long run.

In a conference call discussing its results for the 12-week second quarter that ended April 9, in which the natural/organic retailer posted its 10th consecutive quarter of double-digit comparable-store sales growth, Whole Foods said it doesn't expect any n

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TAGS: Walmart