Whole Foods Market saw sales from its UK operation soar by 28.6% to £81.5 million in 2013, reports The Guardian
But figures just filed with Companies House show that the retailer’s losses were up too, rising 12.6% to £14.2 million. Analysts put this down to increased head office costs arising from recent store openings in Cheltenham (2012) and Richmond and Fulham in south west London (2013).
Commenting on the Whole Foods strong sales performance, the retailer’s UK regional president, Jeff Turnas, said: “We are pleased with our healthy (established) store sales growth, which we believe highlights the increasing awareness of the Whole Foods Market brand and demand for the differentiated shopping experience we offer. We expect our investments to deliver strong returns over the long term.”
Picture: Whole Foods’ latest UK store in Richmond, south west London