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Share Name | Share Symbol | Market | Type |
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Whole Foods Market, Inc. (MM) | NASDAQ:WFMI | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 59.95 | 0 | 00:00:00 |
AUSTIN, Texas, May 5, 2011 /PRNewswire/ -- Haiti's king of fruit – the Francis mango – is taking the throne at Whole Foods Market. For a limited time, shoppers will find this exclusive, organic and Fair Trade™ Certified fruit under the grocer's Whole Trade program. The Whole Trade Guarantee – which drives meaningful dollars into the struggling Haitian economy – ensures that these rare, delicious mangoes are ethically grown and sourced.
Whole Foods Market is the sole buyer of certified organic and Fair Trade Certified mangoes from small Haitian growers, sometimes buying from a family with just one tree. Shoppers can find these mangoes in stores nationwide under the grocer's Whole Trade program during the varietal's short six-to-eight week season.
"This variety's juicy, richly-flavored flesh and sweet, aromatic scent excites all the senses for a truly tropical flavor experience our shoppers wait for all year," said Michael Besancon, senior global vice president of purchasing, distribution and marketing. "The bright flavor and low-fiber texture of the Francis mango from Haiti is simply unmatched. Best of all, with the Whole Trade Guarantee, shoppers can buy with confidence, knowing that their purchase help put money back into the pockets of the hard-working farmers who produce this exceptional fruit."
Through Whole Trade products, Whole Foods Market supports positive change in the developing countries where it sources products. The program ensures exceptional quality, a safe and healthy working environment and the peace-of-mind that those foods are produced using environmental practices that promote biodiversity and healthy soils.
"Despite the troubles and poverty gripping Haiti, the population and especially the mango growers still have hope" said Ben Schmerler, producer services manager for Fair Trade USA. "By celebrating this Haitian gem and investing our efforts and faith in the growers, together we can help Haitian people rebuild their future."
Many Haitian mango growers have only one or two trees, and with the season being a short period from late April to early June, equitable pay is crucial to assist these growers year-round. Whole Foods Market's on-the-ground exporter, Perry Exports, is the key driving force organizing the grower groups to achieve and maintain Fair Trade and organic certifications. These certifications increase transparency and market value which drives better returns for growers.
"By offering growers a higher purchasing price for their mangoes, we hope to create incentives for farmers to plant mango trees that will reduce erosion and provide an income stream for impoverished people in Haiti," said Besancon. "While buying Whole Trade mangoes will by no means solve the devastating issues Haiti now faces short term, our shoppers are helping to play a small role in the country's recovery."
The estimated selling period for these "get them while you can" Haitian Whole Trade mangoes is throughout May and into June at all Whole Foods Market stores nationwide.
About Whole Foods Market® Founded in 1980 in Austin, Texas, Whole Foods Market (wholefoodsmarket.com, NASDAQ: WFMI), is the leading natural and organic food retailer. As America's first national certified organic grocer, Whole Foods Market was named "America's Healthiest Grocery Store" by Health magazine. The company's motto, "Whole Foods, Whole People, Whole Planet"™ captures its mission to ensure customer satisfaction and health, Team Member excellence and happiness, enhanced shareholder value, community support and environmental improvement. Thanks to the company's nearly 60,000 Team Members, Whole Foods Market has been ranked as one of the "100 Best Companies to Work For" in America by FORTUNE magazine for 14 consecutive years. In fiscal year 2010, the company had sales of more than $9 billion and currently has more than 300 stores in the United States, Canada and the United Kingdom.
Contacts: Liz.Burkhart@wholefoods.com; 512.542.0682
Lindsay.Lehfeld@wholefoods.com; 512.542.3483
SOURCE Whole Foods Market
Copyright 2011 PR Newswire
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