Posts Tagged ‘math’

The Whole Lie

Tuesday, August 31st, 2010

vintage cereal box

Whole Foods CEO John Mackey, in USA Today:

On like items, Whole Foods is very competitive. … We have 30,000 items, and you can probably find 30 on which we’re more expensive. Look at our 365 private-label line, which we price against Trader Joe’s. We match their prices. But you can’t always be cheapest if you have the highest quality.

This is what people are always saying about Whole Foods. “On a lot of things it’s so much cheaper!” Well, yes, their prices on organic peach granola might be cheaper than organic peach granola is at your corner store that isn’t making big orders because they need to have a variety of price points on their shelves. But if all you can afford (or want!) is Cheerios or something, that “cheaper at Whole Foods” thing is kind of a joke.