With little warning for its landlord, Whole Foods announced Wednesday that it would close its downtown Davis store as part of a “more thoughtful growth strategy.”
The upscale grocer’s decision to pull out of Davis comes a few months after it canceled plans for a store near 21st and L streets in midtown Sacramento.
“As we work to position Whole Foods Market for long-term success, we have carefully evaluated our portfolio of stores to align with a more thoughtful growth strategy,” said a statement released Wednesday by the Austin, Texas, company.
“As a result, we have decided to close the Davis store. This was not a decision that was made lightly, and we are working closely with all affected team members to find alternative positions at nearby stores where possible.”
Mark Friedman, president of Sacramento-based Fulcrum Property, owner of the building that houses the Davis store, said his company was notified of the closure just minutes before Whole Foods released its public statement.
“It is a disappointment and something that unfortunately caught us by surprise,” Friedman said.
Read more here: www.sacbee.com
- Tentative Agreements Reached in Northern California with Save Mart/Lucky and FoodMaxx
- FoodMaxx Negotiations Update – May 13, 2016
- Raley's/Bel Air and Food Maxx Update - October 29, 2015
- Food Maxx, Raley’s and Safeway Negotiations Update - Aug 24, 2015
- Safeway and Raley’s Negotiations Update, July 2, 2015
- Food Maxx Negotiations Update - June 25, 2015
- Retail Food Negotiations Update, May 1, 2015
- Raley’s and Safeway Negotiation Update, March 5, 2015
- Food Maxx Negotiations Update, October 29, 2014
- Negotiations Update for Save Mart/Lucky and Safeway/Vons, October 10, 2014