Whole Foods Sales and Profit Grow in 3Q Aug 5, 2009
8 million, or 3 cents per share, related to a settlement reached this spring with federal regulators over its acquisition of Wild Oats Markets Inc. It also includes a credit of $5. 8 million, or 2 cents per share, based on the way the company accounts for its inventory. (ABC News -- Wire)
Stocks could pose conflicts for court prospects May 6, 2009
Appellate Judges Diane Wood and Kim Wardlaw have reported they have stakes in Whole Foods Market Inc. The upscale grocer won permission from a federal appeals court in Washington in 2007 to buy rival organic grocer Wild Oats Markets despite the Federal Trade Commission's argument that the deal would stifle competition. To settle the commission's claims, Whole Foods agreed this year to sell several stores. (Yahoo News -- Politics)
Tanasbourne Whole Foods offered for sale Part of list to satisfy FTC antitrust challenge Mar 11, 2009
On Friday, it was offered up as part of a deal with the Federal Trade Commission to appease government charges Whole Foods had acted to stifle competition through the company's 2007 acquisition of Wild Oats Markets Inc.. The settlement, which would not take effect until April 6, following a mandatory 30 days for public comment, would allow a third-party trustee to market a total of 13 currently operating Whole Foods stores and 19 closed former Wild Oats stores. (OregonLive, OR -- News)
Whole Foods reaches antitrust settlement Mar 9, 2009
Whole Foods settles Wild Oats Markets case with FTC - Triangle Business Journal ... Whole Foods settles Wild Oats Markets case with FTC. (Raleigh Triangle Business Journal, NC)
Whole Foods, FTC settle Wild Oats dispute Mar 7, 2009
AUSTIN, Texas - Whole Foods Market said Friday it will sell 13 stores to resolve the Federal Trade Commission's challenge against the grocer over its purchase of Wild Oats Markets. Whole Foods said it is putting 12 Wild Oats stores and one Whole Foods store up for sale. (MSNBC -- Business)
Whole Foods to sell stores in FTC accord Mar 7, 2009
The Federal Trade Commission challenged Whole Foods Market's $565 million purchase of Wild Oats Markets. (Associated Press/File 2007) Associated Press / March 7, 2009. (Boston Globe)
Whole Foods Settles Case Mar 7, 2009
Whole Foods Market Inc., the largest natural-food grocer, agreed to sell 32 natural and organic supermarkets to settle a fight with US antitrust enforcers over its 2007 takeover of Wild Oats Markets Inc.. The Federal Trade Commission announced the settlement in a statement, saying the sale will "substantially restore competition that was eliminated" by Whole Foods' 565 million acquisition of Wild Oats. (New York Post -- Business)
Whole Foods selling stores after FTC challenge Mar 7, 2009
Whole Foods Market Inc. will sell 13 stores to resolve the Federal Trade Commission's challenge of its $565 million purchase of Wild Oats Markets, the company said Friday. Get Quote. (San Francisco Chronicle -- Business)
Buying into 'organic,' 'natural,' 'local' Feb 8, 2009
In 2007, Whole Foods embarked on an expansion of its own, buying a rival, Wild Oats Markets, for $565 million and opening a flagship store in Kensington High Street, the London shopping area. "Whole Foods is promoting local goods at many of its regional stores," Robinson said. (International Herald Tribune -- Money Report)