CONNECT WITH US
Tech

Tech

Whole Foods used to be ‘Whole Paycheck.’ Now it’s the hottest home for affordable beauty

Fast Company logo

Published on

Add as a preferred source on Google
Whole Foods used to be ‘Whole Paycheck.’ Now it’s the hottest home for affordable beauty

The beauty section at my local Whole Foods just got a glow-up. Steps from the entrance, just past the fruits and vegetables, the beauty aisle is now overflowing with dozens of new brands and products.

Alongside the Pacha bath bombs and Dr. Bronner’s soaps that have long been staples, you can find Cocokind’s electrolyte water cream, a moisturizer that promises to give you the glassy skin that’s so popular on TikTok. Magic Molecule vows to clear acne with a spritz of its viral skin spray. Then there’s Indie Lee. Fifteen years after helping pioneer clean skincare, the brand just debuted Indie Lee Botanicals exclusively at Whole Foods. 

Since the 1980s, Whole Foods Market has been synonymous with organic produce and the affluent neighborhoods that can afford it. But over the past two years, the grocer—which Amazon acquired in 2017—has been quietly turning itself into a beauty destination. In any given week, the retailer sells products from 100 brands, according to Kat Stevenson, Whole Foods’s senior category merchant for beauty (for comparison, Sephora has around 400 brands).

Now emerging beauty brands are vying for a spot on Whole Foods’s shelves by courting its merchants with exclusive lines and reformulating their products to avoid the 200 ingredients that Whole Foods bans.

Whole Foods’s push into beauty is strategically timed. A volatile economy and skyrocketing inflation have made consumers across all economic backgrounds more careful with their money. Even the wealthier shoppers who frequent Whole Foods are looking to cut costs, and some are flocking to lower-priced grocers.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.