BOULDER — Whole Foods Market Inc. will close two Colorado stores — in Boulder and Colorado Springs — as part of a larger restructuring amid sluggish sales.
The store at 2584 Baseline Road in Boulder will close, along with one at 3180 New Center Point in Colorado Springs. Overall, Whole Foods will close nine stores, including the two in Colorado and others in Arizona, California, Georgia, Illinois, New Mexico and Utah.
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Whole Foods’ chief executive, John Mackey, revealed the closures in a conference call with investors on Wednesday.
“In this increasingly competitive marketplace, we are committed to taking every step necessary to improve comps and deliver higher returns for our shareholders,” Mackey said during the conference call. “To this end, we are refining our growth strategy, refocusing our efforts on best serving our core customers, and moving faster to fully implement category management.”
Whole Foods’ comparable-store sales dropped 2.4 percent in the quarter ended Jan. 15, the sixth consecutive quarter of such declines.
Whole Foods operates other Boulder Valley and Northern Colorado stores at 2905 Pearl St., Boulder; 1250 S. Hover Road, Longmont; 2201 S. College Ave., Fort Collins; and 303 Marshall Road, Superior;. It also owns Ideal Market at 1275 Alpine Ave. in Boulder.