Whole Foods is opening cheaper stores aimed at millennials

Whole Foods to launch grocery store targeted at millennial shoppers
(Image credit: Justin Sullivan/Getty Images)

In an effort to combat slipping share prices, everyone's favorite exorbitantly expensive natural grocery chain has announced plans for a more inexpensive, millennial-friendly spinoff. Whole Foods says it is already negotiating leases for the as-yet-unnamed concept's stores, the first batch of which will open sometime next year.

But how, other than through cheap prices, will the new chain attempt to woo this younger, poorer demographic? Probably with buzzwords! According to Whole Foods co-CEO Walter Robb, the new stores will "feature a modern, streamlined design, innovative technology, and a curated selection" to make for a "values-oriented experience geared towards millennial shoppers."

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Samantha Rollins

Samantha Rollins is TheWeek.com's news editor. She has previously worked for The New York Times and TIME and is a graduate of Northwestern University's Medill School of Journalism.