CORRECTION – Sprouts Farmers Market Announces New Stores
March 05 2021 - 4:18PM
In a release issued under the same headline on Friday, March 5th,
by Sprouts Farmers Market (NASDAQ:SFM), please note that in the
second paragraph, the quote was referring to the second half
of 2021, not 2020. Additionally, in the third paragraph, the
Texas location is in Grand Prairie, Texas, not Las Colinas, Texas.
The corrected release follows:
Sprouts Farmers Market today announced a series of
new stores, including four with a new, smaller format in line with
previously announced strategy, and one store relocation. The
healthy grocer will open approximately 20 stores this year. Sprouts
is known for offering a unique farmer’s market experience through
an open layout fostering customer engagement, and a curated
selection of innovative and responsibly sourced healthy
products.
“This year, Sprouts will densify its footprint with
more stores opening in California, Florida and Texas,” said Dave
McGlinchey, Sprouts Chief Format Officer. “We’re excited to
introduce our newest format in four stores in the second half of
2021 and plan to feature this format with even more stores next
year, when we will be expanding at unit growth of 10% or more.”
Among the openings are 10 stores in Florida where the grocer has
been growing rapidly since 2018 and currently operates 23
locations. Stores in Dania Beach, Fla., Grand Prairie, Texas,
Phoenix, Ariz., and Smyrna, Ga. will introduce Sprouts’ updated,
smaller format which averages 25,000 square feet, and one store in
Tustin, Calif. will be remodeled this year with the new layout.
“Our refreshed format highlights the unique experience Sprouts
is known for while emphasizing product innovation, attributes and
departments meaningful to our target customers like high-quality
meat and seafood, frozen items and plant-based products,” said
McGlinchey. “The smaller size is very efficient and keeps produce
at the heart of the store while maintaining our familiar open
layout that will offer more assortment of products for a treasure
hunt shopping experience.”
Sprouts will also open two new local produce distribution
centers this year, one in Aurora, Colo. in March and another in
Orlando, Fla. later in the year. The new centers will drive supply
chain efficiencies by positioning stores within 250 miles of the
centers.
Sprouts currently operates 362 stores in 23 states. Future
stores are planned for:
- Boynton Beach, FL
- Brandon, FL
- Buford, GA
- Dania Beach, FL
- Denver, CO
- Garden Grove, CA
- Grand Prairie, TX
- Homestead, FL
- Las Colinas, TX
- Maricopa, AZ
- Menifee, CA
- Miami, FL
- Oakland Park, FL
- Orlando, FL
- Phoenix, AZ (relocation)
- Port St. Lucie, FL
- Reno, NV
- Smyrna, GA
- Tampa, FL
- West Palm Beach, FL
Each new store will bring approximately 110 new career
opportunities to the market. Grand opening dates and hiring
information for each location will be shared at a later date. For a
list of current stores, visit sprouts.com/stores.
About Sprouts Farmers Market,
Inc. Sprouts is the place where goodness grows.
True to its farm-stand heritage, Sprouts offers a unique grocery
experience featuring an open layout with fresh produce at the heart
of the store. Sprouts inspires wellness naturally with
a carefully curated assortment of better-for-you products
paired with purpose-driven people. The healthy grocer continues to
bring the latest in wholesome, innovative products made with
lifestyle-friendly ingredients such as organic, plant-based and
gluten-free. Headquartered in Phoenix, and one of the fastest
growing retailers in the country, Sprouts
employs approximately 35,000 team members and operates
more than 360 stores in 23 states nationwide. To learn more about
Sprouts, and the good it brings
communities, visit about.sprouts.com.
Source: Sprouts Farmers Market, Inc.Phoenix, AZ
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/c120400c-92e0-4b46-b77a-4ec2070a41b8
https://www.globenewswire.com/NewsRoom/AttachmentNg/90cf819c-ea21-46e7-8c72-d6a2236a8f2a
Contact: media@sprouts.com, 602-682-1536
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