Thread regarding Whole Foods Market Inc. layoffs

What am I missing?

I ran into an article recently that states that retail centers anchored by Whole Foods sell for a premium price, which makes no sense to me. Whole Foods has been going downhill for years now and nothing has improved since Amazon took over. Just looking at my store, the only consistent thing is dropping sales.

So what do investors see in Whole Foods that we don't? What am I missing?

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Post ID: @OP+12VxUM3o

2 replies (most recent on top)

It's the demographic that the strip malls want- Whole Foods still has a high end, well educated customer that typically would not be shopping in a strip mall- that gives the mall owner better options for the other tenants.

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Post ID: @3xta+12VxUM3o

The article, in case somebody is interested:

https://www.bizjournals.com/philadelphia/news/2020/01/07/jenkintown-shopping-center-anchored-by-whole-foods.html

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Post ID: @vtu+12VxUM3o

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