While many retailers backed off ads during the height of COVID-19 grocery shopping surges, Sprouts had already planned to shift some of its ads to digital outlets.
While Sprouts Farmers Market joined the list of retailers posting double-digit same-store sales amid the COVID-19 crisis, the Phoenix-based retailer’s first quarter earnings call was dominated by a look ahead at future growth.
Over the next two weeks, Phoenix-based Sprouts Farmers Market plans to expand grocery pickup to all of its 340 stores nationwide, starting with markets in Los Angeles and Central California.
TAMPA, FL--This store is an example of what Sprouts is NOT going to do going forward.
In the company’s latest quarterly earnings report, Sprouts Farmers Market CEO Jack Sinclair said the company needs to double down on its roots in produce and be more like its namesake farmers market.
It's time to talk bananas, Del Monte's plans for retail in the U.S., Sprouts Farmers Market scaling back on store size, and your responsibility to follow through after Fresh Summit in The Produce Reporter Week in Review.
Going forward, Sprouts will have a more “coordinated and concentrated” expansion of the store network.
Fresh produce wasn’t much help in a rough second quarter for Phoenix-based Sprouts Farmers Market.
Just six months after former CEO Amin Maredia left the company, Phoenix-based Sprouts Farmers Market has named a former discount grocer its new chief executive.
Phoenix-based Sprouts Farmers Market executives said the company’s new store prototypes are resonating with customers, and delivery is exceeding expectations.