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Business & Economy

Whole Foods to open new chain aimed at millennials




File: A Whole Foods store in Austin, Texas, February 2007.
File: A Whole Foods store in Austin, Texas, February 2007.
That Other Paper/Flickr Creative Commons

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Whole Foods announced yesterday its plans for a new chain that will cater to millennials. The new chain, which has no name yet, is set to open next year and will offer "high-quality fresh food at great prices," according to Co-CEO Walter Robb. 

Burt Flickinger is a grocery industry analyst in New York for Strategic Resource Group and he joined the show to explain the reason behind this move.