GourmetRetailer Web
ABOUT US | CONTACT US | VENDOR LINK | MEDIA KIT | RSS

Whole Foods Survey: Shoppers Favor Quality Over Price

Aug 29, 2008

Rising prices or not, most consumers say they won't compromise on the quality of the food they buy, claimed Whole Foods, summarizing results of a survey it released Tuesday in an attempt to gain exposure for its stance as a purveyor of "value offerings" as opposed to low-priced goods.

Whole Foods also said its survey, conducted by Harris Interactive, showed that the majority (70 percent) of consumers are still buying the same amount of natural and/or organic foods, regardless of price. The survey found that 67 percent prefer to buy natural and/or organic foods over conventional foods if prices are comparable, the super-natural market leader said.

"It is reassuring to see these results as they confirm we're on the right track in highlighting our value offerings for our customers," said A.C. Gallo, co-president and COO for Austin, Texas-based Whole Foods Market.

Whole Foods said the survey results were similar across geographic locations, despite the varying regional impact of the housing slump and economic downturn.

The survey also found many adults are now preparing more meals at home (43 percent), using more coupons (40 percent) or going out of their way to look for lower-cost items (37 percent) as a result of higher food costs.

The grocer said it also completed a market basket survey the week of Aug. 18 that found Whole Foods Market had "the lowest total price for common pantry items when compared to Albertson's, Wegmans, King Soopers and Kroger in Nevada, Maryland, Colorado and California."

Whole Foods compared non-sale prices for items such as milk, eggs, lettuce, peanut butter, tuna, shells and cheddar, and frozen fruit. The average total price for the Whole Foods Market basket was $47.04, compared to an average of $55.97 for competitors, it said.


Whole Foods Survey: Shoppers Favor Quality Over Price

Aug 29, 2008

Rising prices or not, most consumers say they won't compromise on the quality of the food they buy, claimed Whole Foods, summarizing results of a survey it released Tuesday in an attempt to gain exposure for its stance as a purveyor of "value offerings" as opposed to low-priced goods.

Whole Foods also said its survey, conducted by Harris Interactive, showed that the majority (70 percent) of consumers are still buying the same amount of natural and/or organic foods, regardless of price. The survey found that 67 percent prefer to buy natural and/or organic foods over conventional foods if prices are comparable, the super-natural market leader said.

"It is reassuring to see these results as they confirm we're on the right track in highlighting our value offerings for our customers," said A.C. Gallo, co-president and COO for Austin, Texas-based Whole Foods Market.

Whole Foods said the survey results were similar across geographic locations, despite the varying regional impact of the housing slump and economic downturn.

The survey also found many adults are now preparing more meals at home (43 percent), using more coupons (40 percent) or going out of their way to look for lower-cost items (37 percent) as a result of higher food costs.

The grocer said it also completed a market basket survey the week of Aug. 18 that found Whole Foods Market had "the lowest total price for common pantry items when compared to Albertson's, Wegmans, King Soopers and Kroger in Nevada, Maryland, Colorado and California."

Whole Foods compared non-sale prices for items such as milk, eggs, lettuce, peanut butter, tuna, shells and cheddar, and frozen fruit. The average total price for the Whole Foods Market basket was $47.04, compared to an average of $55.97 for competitors, it said.

RECENT News

NPD: Women Keen on 'Green'
AB Shareholders Approve InBev Merger
Kroger and Murray's Cheese Launch Partnership
Financial Crisis Fuels Sales Slump
Bristol Farms Gets Fresh
BACK TO NEWS HOMEPAGE »
MORE »
Going With the Grain: Specialty Beers
More »
Grapeseed Oil & the Couscoussiere
More »
MORE CATEGORY FEATURES »
Gourmet Direct is a new service designed to put you in touch with leading companies - mining their resources on topics of interest and significance to you. Gourmet Direct provides you with immediate access to the most up-to-date products, services and information from an ever-expanding number of industry suppliers - from small companies to the largest corporations.
VISIT GOURMET DIRECT »
ZhenasDrink Pink for Berry Good Health
More »
Gift Guide Thumb2008 Fall Gift Guide
More »
MORE PRODUCTS »


Nielsen Retail Channels Group
 
Gourmet Retailer Home | Fine Food Magazine | Specialty Food Retailer News | Food Product Marketing | Food Industry Newsletter | Gourmet Kitchenware |
Gourmet Magazine Special Reports | Gourmet Food Trade Shows | Fine Food Recipes | Food Product Marketing Reports | Specialty Food Training | Ask the Culinary Experts | Culinary News RSS | About Gourmet Food Retailers | Contact Gourmet Retailer | Food Industry Magazine Sitemap

© 2008 Nielsen Business Media, Inc. All rights reserved. Terms of Use | Privacy Policy