Whole Foods Market Inc. 2012 new store expansion plan at least 20 new stores

According to Walter Robb, Co-Chief Executive Officer and Director in their F1Q11 Results Earnings Call on February 9th, 2011:

Well, we think that beginning in 2012, we’ll open 20 stores and then start to accelerate from there. So we’ve got 56 stores in the pipeline. We’ve got another 10 leases that are currently in lease negotiations. We have 15 sites that are queued up for real estate committees. So we got a great pipeline and as we fill it, it will increase, it will naturally increase the rate at which they come out. But I would say beginning in 2012, at least 20 stores and then increasing from there.