Whole Food in Texas Essay Example | Topics and Well Written Essays - 500 words

Whole Food in Texas - Essay ExampleHis acquisition outline regarding independent small food stores and groceries helped him to uplift the company to be the nations one of the largest health food stores. The company aimed not exclusively at the product quality but also the betterment of the employees, customers, shareholders, and the environment. They more often than not focused on social service activities such as sponsorship of several charitable foundations, and low interest loan program for local farmers in profit with the economic development operations. In order to meet the customer satisfaction, the firm expanded its prepared food section and added a restaurant area it influenced the customers to overlook more. The company had given comparatively good salary and incentives to the employees considering them as team members rather than employees. That was the real secret behind the success of the company. The CEO received only $1 per year in salary whereas the company execut ives were earning 19 times the average annual salary of full time team members. It shows his higher solicitude toward the success of the company. Wild Oats Markets is a Colorado based food company founded by Gilliland Elizabeth Cook in 1987. The companys main growth strategy was new store developments and acquisitions. By this concept, they could acquire ranges of business ventures such as natural food stores and farmers markets.