Whole Foods CEOs: We want 1,200 stores in US

Tuesday, 17 Dec 2013 | 12:37 PM ET
A new Whole Foods grows in Brooklyn
Tuesday, 17 Dec 2013 | 9:45 AM ET
John Mackey and Walter Robb, Whole Foods Market co-CEOs, sit down and talk with CNBC's Jim Cramer about why they chose to open a store in Brooklyn and weigh in on growth opportunities in the health food industry as consumers search for healthy food options.

Whole Foods Market wants to expand to 1,200 stores throughout the U.S., nearly three times the number it currently operates worldwide, the organic market's co-chief executives told CNBC's Jim Cramer on Tuesday.

"There's a road map out there that looks to us that all these markets are available to us and we're going to go for it," co-CEO Walter Robb said on "Squawk on the Street."

(Read more: Cramer: I love the 'arms dealers' of organic foods)

The comments on Whole Food's growth potential came from the grand opening of a new flagship store in the Gowanus section of Brooklyn, a 56,000-square-foot market named Whole Foods Third and 3rd. It's the first Whole Foods Market in the New York borough.

At more than 365 stores globally, the organic food market sees 1,200 as the target number of stores to which the business could expand just in U.S. alone, co-CEO John Mackey told CNBC, because "the world is continuing to change."

(Read more: Cramer: 'There's bubbling everywhere')

After the interviews Cramer said the move to 1,200 from 1,000, which seemed closer to analysts' expectations, was a "major new bump" for Whole Foods.

— By CNBC's Jeff Morganteen. Follow him on Twitter at @jmorganteen and get the latest stories from "Squawk on the Street"


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