Sprouts Celebrates 50 Stores
The concept of “value” can be a tough sell in a natural and organics world known for premium prices and gourmet cache, and so retailers in this space have had to work hard to change consumer perceptions. Supervalu tried and failed with its Sunflower Market banner. Same with Bashas’-run Ike’s Farmers Market, which shuttered its last store in 2009. There’s success to be had, as companies like Trader Joe’s and Mike Gilliland’s Sunflower Farmers Market have proved, and now there’s one particularly precocious retailer stepping up to show how it’s done.
Sprouts Farmers Market has done a lot of growing in its seven years. Started back in 2003 in Chandler, Arizona — right in the heart of Bashas’ country — Sprouts has expanded across the southwest and California at a rate of about ten stores per year. Next week, the privately held company will hit a milestone with the opening of its 50th store.
What’s the secret behind this impressive run? The recession, which cut expansion plans for most retailers, appears to have worked in the favor of Sprouts, which banks its image on price and freshness. Its mission statement is, “Helping America eat healthier, live longer and spend less.”
Success has required the chain to master the “spend less” aspect of the business. It also actively courts its customers, plays up its ability to build jobs within communities, and serves as an effective counterpoint to Whole Foods.
“We were very fortunate in the way we were positioned,” said Doug Sanders, Sprouts’ president, in an interview with Supermarket News reporter Roseanne Harper. MORE…


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