It closed a $116 million convertible debt offering this spring, with which it will accelerate expansion and remodeling plans for both the Wild Oats Natural Marketplace and Henry?s Farmers Market concepts. This and other recent news has some naturals industry observers convinced that Wild Oats has started swinging for the fences in a way not seen in recent years from the No.
A tour of Wild Oats? newest Colorado store, a 32,000-square-foot flagship in Superior, a suburb of Boulder, sealed the deal. Wild Oats? desire to site a flagship supermarket and its corporate headquarters together intrigued the developer, Gotsis said. ?Specialty grocery does really well in Boulder,? she said. Tracey Gotsis, senior vice president for development marketing at Westcor, said the developer talked to ?virtually every grocery chain? about the Twenty Ninth Street site. ?Westcor told us it was very competitive,? said Wild Oats spokeswoman Sonja Tuitele.
On June 30, Wild Oats and Westcor, developer of the Twenty Ninth Street mixed-use project, announced the signing of a letter of intent to build ?at least 35,000 square feet? of retail space and an 80,000-square-foot corporate headquarters in a prime location in Boulder.Ĭity officials had lobbied hard to keep Wild Oats? headquarters and 275 employees in Boulder, where it was founded in 1987. out of a plum development site in Boulder, Colo., where it plans to build a flagship store as well as its corporate headquarters.
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