US-based natural foods retailer Whole Foods Market has said it plans to open 25 to 30 stores during its fiscal 2009 year.
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The store-opening plans were confirmed in a filing with the Securities and Exchange Commission (SEC) on Thursday (13 March).
The retailer, which acquired rival chain Wild Oats Markets last year in a protracted takeover, last month posted a net profit of US$39.1m for the three months to 20 January, down from $53.8m a year earlier.
Earnings per share fell from $0.38 a share to $0.28 a share, although Whole Foods said that once the impact of the Wild Oats deal was excluded, earnings were $0.36 a share. Sales rose by 31.4% to $2.5bn.
