Friday, February 23, 2018

Sprouts: New store pipeline ‘strong’

Chain Store Age

Sprouts Farmers Market beat the Street in its fourth quarter and said it would invest one-third of its tax savings in wages and bonuses.

The organic grocer opened 32 stores in 2017, giving it a total of 285 stores in 15 states at year-end. It plans to open about 30 locations in 2018, including its first-ever stores in South Carolina, Maryland, Pennsylvania, and Washington State. Sprouts has 52 approved sites and 44 signed leases in its pipeline for the upcoming years, according to the Phoenix Business Journal.. . . more