Whole Foods is trying to juggle value and quality, as cautious consumers hunt for deals in the face of stubborn grocery inflation.
"What we need to do is make sure that we can find a point where customers are happy with the value of the product and can appreciate the work that's gone into it. At the same time, our Whole Foods sales and profits growing," he said.Doubling down on private label is another avenue for growth. Buechel said the team is investing in lower prices for its 365 lines, as it looks to cater to all budgets.) have been heavily investing in their own private label business.
"From being single digits to that, that's an expansive growth trend that we've taken on ... we've got a lot of customer interest, a lot of communities that are looking for us to bring new stores," Buechel said.