Home Business Whole Foods Market’s clampdown on UK store thefts help lift profits for the second year running

Whole Foods Market’s clampdown on UK store thefts help lift profits for the second year running

0
0

A clampdown on store thefts helped the British arm of Whole Foods Market make a profit for its second consecutive year.Clampdown: A clampdown on store thefts helped the British arm of Whole Foods Market make a profit for its second consecutive year

Directors of the upmarket American health food supermarket said profit increased in relation to turnover ‘primarily reflecting improved shrink’ – the term retailers use for shoplifting and theft by employees.

Whole Foods – which has nine stores in Britain including branches in London, Cheltenham and Glasgow – launched in the UK ten years ago and made a loss for the first eight years.

 

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *