Better-for-you sweet snack brand DEUX is making 2024 “a year of retail" with its recent expansion in Sprouts, while tapping into larger permissible indulgent trends, brand Founder and CEO Sabeena Ladha shared with FoodNavigator-USA during a Startup...
Food and beverage companies are embracing regenerative agriculture in the face of the global warming crisis, but the entire ecosystem might have to change some long-held beliefs in order to make an impact, Heather K. Terry, CEO and founder of chocolate,...
Securing shelf space among the top natural retailers requires CPG brands to focus on the differences between stores and how they can innovate alongside them, a panel of industry experts shared in a recent Naturally webinar.
Specialty retailer Sprouts Farmers Market continues to disprove early-naysayers who doubted the soundness of its pre-pandemic decision to pull back on price promotions to focus on consumers who will pay more for a higher-end “treasure hunt”-type shopping...
Sprouts Farmers Market’s decision to pull back on promotions and cater instead to less price-sensitive shoppers who follow specialty diets and are more health-oriented once was considered risky but now is paying off.
Shoppers at Sprouts Farmers Market may be putting fewer items in their cart per visit to manage their budgets as inflation drives up prices but what they are buying tends to be higher margin grab-and-go items illustrating the need for convenience as on-the-go...
Tweaks to Sprouts Farmers Market’s marketing strategy to focus on competitive produce pricing and product differentiation along with other strategic decisions are paying off as foot traffic and sales begin to rebound after plummeting following the retailer’s...
As higher prices due to inflation continue to squeeze consumers’ budgets, shoppers at Spouts Farmers Market are beginning to pull back on spending, opting for “slightly fewer units in the basket” – prompting the retailer to reconsider its in-store experience...
Sprouts Farmers Market’s decision before the coronavirus outbreak to pull back on “ineffective and unprofitable promotions” may have helped boost margins, but it took a toll on traffic and sales – a problem that has been exacerbated by the drawn-out pandemic,...
As inflation continues to pick up across grocery categories, Sprouts Farmers Market is offsetting most of the impact by confidently passing cost to consumers through its selection of unique, attribute-led, hard-to-find products that appeal to those seeking...
Encouraged by strong third-quarter sales online and in stores as well as net sales in the period that grew twice that of a year ago, Sprouts Farmers Market is “financially stronger than ever,” and on track to double its business by 2025, according to...
Impossible Foods is rolling out the Impossible Burger to 350 Sprouts Farmers Market stores in 23 states starting this week, bringing its total retail footprint to more than 10,000 locations across the US.
Many of the changes in consumer behavior and purchasing at grocery stores due to the ongoing pandemic, including preferences for e-commerce, smaller stores and healthier food, are the cornerstones of Sprouts Farmers Market's new “transformational...
An 8% increase in Sprouts Farmers Market’s fourth quarter net sales to $1.4 billion and a net income of $32 million that is nearly 2.5 times the same period from last year are “a testament to the changes we’re making,” CEO Jack Sinclair told investors...
Half of the new stores Sprouts is opening in 2019 will be in new markets, helping to build its brand awareness across the US, said interim Co-CEO Bradley Lukow at the BMO Capital Market Farm to Market Conference.
For the third straight quarter, the natural and organic retailer Sprouts Farmers Market beat its earning estimates – allowing it to increase its guidance for the year – thanks in part to investments in new technology, more emphasis on ecommerce, expanded...
