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If Everyone Is Cooking At Home, Why Isn't Whole Foods Booming?

2020-10-08 4 Dailymotion

With so many people working from home, restaurant traffic is down but grocery stores are getting plenty of business.<br />But according to Business Insider, Whole Foods had 21% fewer visitors across its stores on October 4 compared to the same day last year.<br />That flies in the face of other grocery store chains, where traffic is bouncing back much faster. At Kroger's, for example, business was only down 2%.<br />A Whole Foods spokesperson said stores normally get a lot of lunchtime trade from office workers, who are now working from home.<br />Sales of packaged sandwiches and salads have fallen 75%. For every five in-store shoppers Whole Foods Markets had last October, it now only has four.

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