How interesting.
My favorite health-food-oriented grocery store chain, Whole Foods Market, Inc, announced that it is going to buy its smaller rival, which just happens to be my other favorite, Wild Oats Markets, MSNBC reports.
Whole Foods Market — which evidently is facing slowing growth at its stores — will buy Wild Oats for about $565 million "to compete better with larger traditional grocers, which are increasingly encroaching into its organic and prepared foods niches," as MSNBC explains.
Although one analyst said "This is not a move being made from a position of strength," the popularity of organic and natural foods is definitely a positive sign that people want to take better care of themselves.
Anyhow, you can get more business analysis here.