Monday, May 28, 2012

Money & Business

Rhapsody in Chow

Hip and health-conscious Whole Foods has set the table for success

By Betsy Streisand
Posted 6/12/05
Page 4 of 4

If there were an award for animal quality of life, Whole Foods would probably earn that one as well. The company requires that its meat be free of hormones and dangerous additives and that it come from animals that are allowed to roam at least somewhat freely. The company's Animal Compassion Foundation works with farmers to improve conditions for farm animals. And the grocery's sheer size has given it the clout to make demands about how its products are farmed. Mackey knows he's made himself an easy target for cynics by discussing the importance of, say, duck relationships while counting what's in the register drawer. But he'll take the digs. "We've got pig producers trying to out-compassion each other," he beams. "And more companies are going to have to be like us, because we're going to win." That makes Mackey a vegetarian in hog heaven.

AT A GLANCE

Founded: 1980 in Austin

CEO and founder: John Mackey

Annual sales: $3.9 billion

Net 2004 income: $129.5 million

Number of stores: 170

Employees: 32,000

Most popular products: Sonoma chicken salad, kung pao tofu, forbidden rice, chocolate-chip peanut butter

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