- Barclays analysts say out-of-stock problems at Whole Foods are hurting the grocery chain's sales and making it less of a threat to other grocers.
- "Until execution issues are resolved and broader price cuts are implemented — we believe traction on sales will stall, so for now the pressure on the industry has abated," analysts wrote in a research note.
- Whole Foods employees have told Business Insider that the out-of-stocks
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Whole Foods is creating a crisis that's choking its business
Barclays analysts say persistent out-of-stock problems at Whole Foods are hurting the grocery chain's sales and making it less of a threat to other grocers.
Whole Foods having problems keeping shelves stocked at stores across the US, and sales are likely suffering as a result, according to Barclays analysts.
Barclays analysts have been visiting various Whole Foods stores on a weekly basis since Amazon acquired the grocery chain last year for $13.7 billion.
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