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Whole Foods Q1 income jumps 79%, same-store sales up 9.1%
Austin, Texas -- Whole Foods Market’s first quarter net income surged 79% to $88.7 million, on an increase in customer visits and a rise in average transactions. The natural and organic foods grocer raised 2011 profit outlook on its strong results, which beat expectations.
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Massage Envy to expand in Pittsburgh area
Scottsdale, Ariz. -- Massage Envy announced Thursday the signing of a multi-unit Regional Developer agreement with Sol Glastein for the development of 11 new centers in Pittsburgh, Western Pennsylvania and Morgantown, W.V.
Glastein has been a Massage Envy franchisee since 2006 and currently operates two centers in New Jersey.
In 2010, Massage Envy opened 43 locations, bringing the total number of locations to more than 650 units operating in 43 states.