Whole Foods
Market is scheduled to open a new store in a Chicago gay
community center, according to the Chicago Tribune. When it opens on July 25 in the Center
on Halsted, Whole Foods will become the first major
retailer to join a gay community center in the United
States.
Store manager Tom
Marciniak expects the 40,000-square-foot store built in
the East Lakeview neighborhood to become one of the most
profitable stores in the area, given its proximity to
Wrigley Field and the community's demographics.
"We're
going to really promote the center," Marciniak told
the Tribune. "We'll be one of their
greatest marketing vehicles."
Whole
Foods' decision makes it one of many mainstream
companies catering to gay and lesbian shoppers.
The U.S. LGBT
population has an estimated buying power of $650
billion, according to Chance Mitchell, cofounder and chief
executive of the National Gay and Lesbian Chamber of
Commerce. A recent study by market research firm
Packaged Facts predicts that the figure will grow to
more than $835 billion by 2011.
"The gay
household is now highly, highly visible," Bob Witeck,
chief executive of Witeck-Combs Communications Inc.,
told the Tribune. Witeck's firm
specializes in gay consumers.
"Now
companies can say, '[We] now know who they are and
[we] want them to be part of [our] mix as customers,
shareholders and employees,'" he said.
Whole Foods has
vied for a location in the neighborhood for the past five
years. Company representatives approached the center as
it was planning a smaller project that would include a
bookstore or gift shop as the only retail tenant.
In return, the
store will also help its new landlord, providing potential
clients a discreet side entrance that leads to the
center's lobby.
"There's a
lot of people that are still struggling with coming-out
issues," Modesto Tico Valle, executive director of
the center, told the Tribune. "We're
definitely setting the benchmark when you're talking
about a comprehensive center."
Valle said this
new business venture has inspired centers in other cities
to search out potential retail tenants.
"There are
many people coming here to learn from us," he said.
(The Advocate)