Sprouts scouts new locations - The Packer

Sprouts scouts new locations

08/20/2014 02:19:00 PM
Pamela Riemenschneider

After getting a foothold in the southeastern U.S. this summer, Phoenix-based Sprouts Farmers Market announced plans to expand in several markets through early 2015.

The retailer opened its first store in Georgia in Atlanta in July, and plans another one in Cumming in early 2015, according to a news release. A Birmingham, Ala., store also is planned.

The retailer also announced new stores for Bakersfield and Daly City, Ca., Liberty, Mo., Scottsdale, Ariz., and South Jordan, Utah.

Sprouts, with 180 stores in 10 states, reportedly plans to open 1,200 or more locations over the next decade, and relies on its low price image, particularly in produce, to attract customers in the natural and organic segments.

A Bloomberg Intelligence study found prices 13% less expensive than Whole Foods, according to a recent article.



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