More competition in the organic foods market means lower prices for you if you want to eat healthier.
It's long been taken as an article of faith that in order to eat healthy, you had to blow the budget. That may have been true in the past, but no so much anymore.
Whole Foods locations will be forced to lower prices
Whole Foods is getting pricing pressure from Walmart Trader Joe's, Target, and other retailers. The Wall Street Journal reports, "Whole Foods has started offering more discounts, adding value-oriented brands, and matching lower prices of its competitors."
Bloomberg notes that Whole Foods has put an emphasis on cheaper produce prices thanks to competition from Walmart and Kroger. And they're also giving way to pressure and readying a loyalty club with discounts for customers.
Maybe I'll have to stop calling the company "Whole Paycheck" and call it "Three Quarters Paycheck"!
So don't believe you have to pay through the nose to eat healthy food. Whole Foods locations will lower prices because the marketplace is busting wide open with competition.
For more information:
- 6 items to eliminate from your list this week
- 5 ways you're wasting money on food
- Organic milk is costly, but it lasts longer