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Rahodeb (or John Mackey): Internet Postings about Whole Foods and Wild Oats From its beginnings as one small store in Austin, Texas, Whole Foods Market has grown into the world’s leading retailer of natural and organic foods, with hundreds of locations in North America and the United Kingdom. Whole Foods was founded by Craig Weller, Mark Skiles, and John Mackey, the current CEO. Whole Foods has expanded through the acquisition of numerous companies, including but not limited to Wellspring Grocery, Fresh Fields, Bread of Life, Merchant of Vino, Allegro Coffee, Nature’s Heartland, and Harry’s Farmers Market, among others. The most recent acquisition was Wild Oats Markets.

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The stock market crash of 1929 was the cause of The Great Depression. This time in our history left many people unsure as to rather or not to trust financial institutions causing many Americans to remove all of their money from their bank accounts. Unfortunately Americans withdrawing their money caused many banks to go out of business. As a result of this these businesses lost the lenders who were funding their businesses causing them to also close down and leaving many Americans jobless. The economy began to spiral out of control to the point that many Americans felt like it would never return to normal. During The Great Depression many people lost their jobs hence not having money to spend. The supply of goods was high but the demand for those goods was decreasing significantly. The surplus in goods and services caused people to become unemployed because their services were no longer needed. The decrease in demand caused many companies to stop hiring because their businesses were suffering. People were going without food, they were losing their job, and losing their homes. This was called The Great Depression because many people were depressed about their circumstances.

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