Categories: SWOT Analysis

SWOT Analysis of Whole Foods Market

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<p>• The company has a weak international operation system as there are only seven stores in Canada and five stores in the UK&period;<&sol;p>&NewLine;<p>• Competitors accept more benefits globally&period;<&sol;p>&NewLine;<p>• The company has to expand its operations all across the globe in order to drive the economies of scale&period;<&sol;p>&NewLine;<p>• Lack of promotion of products through social networking&period;<&sol;p>&NewLine;<p>• The company does not provide online services to the consumers unlike its competitors&period;<&sol;p>&NewLine;<h2>Opportunities<&sol;h2>&NewLine;<p>&lbrack;large&rsqb;• Whole Foods Market has the high potential growth as they plan to expand their business by opening about 33-38 stores in 2014&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>• The company has been currently operating internationally in the United Kingdom and Canada&comma; the company still has the vast opportunity to go for expansion in the fastest growing markets in the world like China and South America&period;<&sol;p>&NewLine;<p>• At the time of economic downturn&comma; the company has to adopt a cost effective strategy for the regular customers by offering a free reward card &comma; a Discount on the next purchase and buy one get one free offer from the store&period;<&sol;p>&NewLine;<p>• The company needs to build its brand identity in a way that when people think of organic foods&comma; the Whole Foods come to their minds first&period;<&sol;p>&NewLine;<h2>Threats<&sol;h2>&NewLine;<p>• Fierce competition in the market from competitors like Wal-Mart&comma; HEB Central market etc&period;<&sol;p>&NewLine;<p>• The economic situation in the United States can be a threat to the company due to American’s approach of saving money and therefore when food becomes expensive the customers might be unwilling to buy the organic food items&period;<&sol;p>&NewLine;<p>• Changes in the government&OpenCurlyQuote;s rules and regulations on the organic food can have an adverse effect on the consumer’s purchasing power&period;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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