Whole Foods Market to Open Smaller Format Stores

The Whole Foods Market Daily Shop will offer grab-and-go meals and last-minute dinner ingredients.

March 05, 2024

Whole Foods Market announced that it is introducing a store format designed to provide customers in urban neighborhoods “a quick, convenient shopping experience with easier access to … fresh, high-quality offerings.” The new format, called Whole Foods Market Daily Shop, will launch in Manhattan with additional locations opening in New York City to follow. Whole Foods plans to bring the format to other U.S. cities.

Ranging between 7,000 to 14,000 square feet, the quick-shop stores will be about a quarter to half the footprint of an average 40,000 square foot Whole Foods Market store, “paving the way for expansion in dense, metropolitan areas,” said the statement from the company.

“Expanding our footprint with Whole Foods Market Daily Shop is key to our growth, fostering deeper customer connections and advancing our purpose to nourish people and the planet,” said Christina Minardi, executive vice president, growth and development, Whole Foods Market & Amazon.

Whole Foods Market Daily Shop will offer grab-and-go meals and snacks, weekly essentials and be a “quick, easy destination to pick up ingredients to complete a meal.”

Two more of the biggest names in big-box retail have boosted their bets on smaller stores, reported the Washington Post.

Best Buy and Macy’s announced plans to add small-format stores in a strategy that could help the companies cut costs while answering customers’ demand for convenience, reported the Post. They join Nordstrom, Target, Kohl’s and other national chains in scaling back their large locations while focusing on more compact and efficient store.

According to Retail Wire, In the grocery retail landscape, “there’s been a notable shift from large stores to smaller formats recently, ranging from 10,000 to 90,000 square feet.” Retailers like “Sprouts Farmers Market, Big Y, Natural Grocers, Meijer, GreenWise by Publix, Target, Wegmans, H-E-B, and Hy-Vee are all adapting to this trend by introducing smaller store models.”