Whole Foods Market scaled back its growth plans this week, but don’t worry Las Colinas, that store built months ago really is going to come to life soon.

A Whole Foods spokeswoman said the company’s first store in Irving is set for a 2017 opening. It was completed several months ago and was first announced in 2014. It’s common for construction of a store to be delayed. It’s a little different when it’s built and sits unopen.

“What’s up with the empty brand new Whole Foods store?” has been a common conversation starter in Irving.

The 45,000-square-foot store will anchor a 85,000 square foot shopping center at the southwest corner of President George Bush Turnpike (State Highway 161) and North MacArthur Blvd. in Las Colinas. Other tenants have been open since last year.

Austin-based Whole Foods on Wednesday reported a 40 percent drop in first-quarter profit and lowered its forecast for the year, including an estimate that same-store sales will decline 2.5 percent in 2017.

Whole Foods also said it will close nine stores in Arizona, California, Colorado, Georgia, Illinois, New Mexico and Utah. It’s also scaling back its growth plans, including its new, smaller format 365 stores.

Here’s what CEO John Mackey said about all that on a call with analysts Wednesday:

“We will continue to grow but no longer have a goal of 1200+ stores. We remain optimistic about the future growth potential for our 365 format but want to see how this next round of stores perform before getting more aggressive.

“As we work to position Whole Foods Market for long-term success, we have carefully evaluated our portfolio of stores and have made the difficult but prudent decision to close nine stores in the second quarter.”

Presented by the Dallas Morning News – February 11, 2017

IISD featureIISD feature  

 Featured investor

Irving ISD is the public PreK-12 school district of choice for 35,000+ students in Irving, Texas.

Learn More >>

Irving Supports Local

Irving Supports Local

A comprehensive local business directory for residents, visitors and other businesses to connect.

Learn More >>

Irving, Texas,

By the numbers

The most diverse u.s. zip code, 5 Fortune 500 headquarters

Learn More

Irving-Las Colinas Chamber of Commerce
5201 N. O'Connor Boulevard
Suite 100
Irving, TX 75039

214.217.8484 phone
214.389.2513 fax

Facebook circle white transparent Twitter circle white transparentLinkedIn circle white transparentInstagram circle white transparent

© 2017 Irving-Las Colinas Chamber of Commerce
All Rights Reserved. All Logos and Brands used under
license from their respective owners

logo accreditedlogo hiring heroes2017 Gold Ribbon
TTagLR Gen OrigOnWht