Organic giant whOle fOOds cant win Over lOndOners 35m loss as green store goesintored London Lite Monday, 3 August 2009 Banksreport6bnprofitsas Harmanblamesmenforcrisis by bo wilson E From Page 1 Unfair: Harman wants more women promoted PosT yoUR ibloG REViEws AT 1 (1) The Essential - Michael Jackson 2 (2) Lungs - Florence And The Machine 3 (8) The End - Black Eyed Peas 4 (4) Sunny Side Up - Paolo Nutini 5 (-) Foot of the Mountain - A-Ha 6 (3) The Fame - Lady GaGa 7 (5) La Roux - La Roux 8 (7) The Motown Years - Michael Jackson & The Jackson 5 9 (10)West Ryder Pauper Lunatic Asylum - Kasabian 10 (9) Wild Young Hearts - Noisettes Source: The Official UK Charts Company TOP 10 SINGLES 1 (3) I Gotta Feeling - Black Eyed Peas 2 (1) Beat Again - JLS 3 (2) Supernova - Mr Hudson ft Kanye West 4 (7) I Know You Want Me (Calle Ocho) - Pitbull 5 (4) Evacuate The Dancefloor - Cascada 6 (9) Sweet Dreams - Beyonce 7 (5) Bulletproof - La Roux 8 (8) Paparazzi - Lady GaGa 9 (6) When Love Takes Over - David Guetta ft Kelly Rowland 10 (10)Poppiholla - Chicane TOP 10 ALBUMS Sound&Lite ITS ethical claims may be immaculately green but the recession has left organic superstore Whole Foods Market languishing ever deeper in the red. The Kensington emporium, which opened in the former Barkers depart- ment store in June 2007, lost an astonish- ing 35.9m last year, latest accounts reveal. It means that its US owners, Whole Foods Market Inc, have already had to write-off close to 50m in their attempt to build an organic bridge-head in London. Two years on from the much-heralded opening, there are still no signs of a second large Whole Foods in London. Although the giant three-storey store has proved popular with tourists and celebrities such as Jenson Button, KT Tunstall and Lulu, bosses now admit they made a string of crucial errors in their bid to take on Waitrose and Marks & Spencer. And no doubt last weeks publication of the Governments Food Standards Agency report claiming organic food is no healthier than non-organic cant be helping. Commentators say Whole Foods badly underestimated how much British shop- pers depend on their cars when they do a big weekly shop. There is no on-site parking at Whole Foods and only an expensive NCP car park nearby. Theyve learned a lot and they are determined that with the next store they are going to get it right, said a source. Other errors include a hopelessly under- used fresh fish counter, which has now been massively reduced in size. Initially the American owners tried to manage the store from across the Atlantic, but have now parachuted in the former North Atlantic region head Jeff Turnas to sort out the losses. He has won long-term backing for the Kensington store from Whole Foods founder John Mackey and a commitment to open new branches in London. performance at its investment bank Barclays Capital where profits doubled to 1.05bn -- thanks in part to its acquisition of Wall Street rival Lehman Brothers last September. That leaves 21,900 staff at the investment bank in line for average pay and bonus packages of 250,000 this year -- with most picking up far less and a lucky few getting millions of pounds. The top earners are likely to include Barclays Capital boss Bob Diamond, tax expert and dealmaker Roger Jenkins, and head of investment banking John Winter. Harriet Harman today appeared to blame men for the global financial turmoil. Calling for more women in the boardrooms of the biggest financial institutions, she suggested they would do a better job than men. Referring to the collapse of Lehman Brothers, she said: Someone said that if it had been Lehman Sisters, instead of Lehman Brothers, there might not have been so much difficulty. Ms Harman quickly added: I have to say it was not me that said that. She did not say she disagreed with the comment, however. Labours Deputy Leader, who is in charge of No10 while Gordon Brown is on holiday, went on: But I do seriously think that half the financial service industry is women now. Women make up half the workforce of insurance companies and banks. Why shouldnt they have a say on the boards as well? Ms Harman has long campaigned for equality in the City and her outspoken views on feminism have earned her the nickname Harriet Harperson. She told a trade union conference in February that women are treated unfairly and called for an overhaul of the pay structure. I just dont believe women are less committed, less hard- working or less able than men, so they shouldnt be paid less, she said. Dire figures: Whole Foods founder John Mackey and the Kensington shop H index.html2.html3.html4.html5.html6.html7.html8.html9.html10.html11.html12.html13.html14.html15.html16.html17.html18.html19.html20.html21.html22.html23.html24.html25.html26.html27.html28.html29.html30.html31.html32.html33.html34.html35.html