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What are Employees and a Vision Worth?


Touch the Soil News #669 (Feature photo CCA SA 3.0) Back in 1978, John Mackey (co-founder of Whole Foods) borrowed $45,000 from family and friends to open a small natural foods store called SaferWay in Austin Texas. When Mackey was evicted from his apartment for storing food products in it, he moved into the store, using a water hose attached to the dishwasher to take a shower. In 1980, SaferWay merged with Clarksville Natural Grocery to create the first Whole Foods Market with a staff of 19. The next year (Memorial Day 1981) a major flood devastated the new Whole Foods Market. The loss was estimated to be $400,000. The…

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