Whole Foods Markets to buy Jackson Whole Grocer

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Jackson Whole Grocer is being purchased by Whole Foods Market.

They’ve announced a “definitive agreement” for the acquisition, which is supposed to close in the early part of this year.

“We are fortunate to have this opportunity with Whole Foods Market, an organization that is aligned with our mission of creating and sharing exceptional experiences in food and shopping,” Whole Grocer owner Jeff Rice said in a press release.

“Whole Foods Market is best-in-class at providing such extraordinary experiences and they are often recognized as one of the best companies to work for in America. We are confident that our customers and employees will greatly benefit from the working and shopping experience that Whole Foods Market offers, and we are excited to welcome Whole Foods Market to the Jackson community.”

Rice was not available for further comment.

Bill Jordan, regional president of the Rocky Mountain region at Whole Foods Market, said in the release, “Like Jackson Whole Grocer, Whole Foods Market is committed to offering high-quality products, supporting our team members, developing successful relationships with our suppliers, and caring for our local communities and the environment.”

Whole Foods will be the latest big national name to enter the Jackson Hole market. REI will open a store in the former Lucky’s Market space, and Target is going to take over the former Kmart space.