Whole Foods to triple store count

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by Deborah Kostroun / Texas Bloomberg Report

Texas Bloomberg Report

Posted on May 9, 2013 at 7:20 AM

Updated Thursday, May 9 at 7:20 AM

Are you spending more than just a few years ago? Intuit says U.S. consumers are spending 9 percent more than just four years ago on things like gasoline, gifts and healthcare. The report also says grocery spending has increased by 17 percent as gourmet goes mainstream and more people are buying premium groceries.

Austin-based Whole Foods is certainly seeing the benefits. The company says it will triple its store count to about 1,000 as more Americans become more concerned about eating organic and healthier foods. Whole Foods' stock was higher Wednesday after saying they would make more money this year than expected.

At a time of tight budgets in higher education, some of the state's college athletics departments receive millions of dollars in subsidies that come from student fees, school or state support.

According to an analysis by USA Today, last year the University of Texas had the highest athletic revenue of any NCAA school and didn't receive a subsidy, but Texas A&M's athletic program went from getting no subsidy in 2010 to $5.2 million last year. That's even though the program generated $32 million dollars more than it spent. Texas Tech still got a subsidy but it's athletic program was self sufficient last year. 

 

 

 

 

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