Sprouts Farmers Market

Sprouts Farmers Market, Inc., is a supermarket chain headquartered in Phoenix, Arizona, USA. The grocer offers a wide selection of natural and organic foods, including fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, natural body care and household items. Sprouts employs more than 32,000 team members and operates more than 340 stores in 23 states.[2] A typical store is around 30,000 square feet.[3] Fortune included Sprouts on its list of the World’s Most Admired Companies in 2018 and 2019.[4]

Sprouts Farmers Market, Inc.
Public
Traded asNASDAQ: SFM
S&P 400 Component
IndustryGrocery store, Health food store
Founded2002 (2002)
Headquarters5455 E. High Street, #111,

Phoenix, Arizona
,
United States
Area served
Alabama, Arizona, California, Colorado, Florida, Georgia, Kansas, Louisiana, Maryland, Missouri, Nevada, New Jersey, New Mexico, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington
Key people
  • Jack Sinclair (Chief Executive Officer)
ProductsGroceries
Services
RevenueUS$5.6 billion (2019)
US$150 million (2019)
Number of employees
30,000[1] (2019)
Websitewww.sprouts.com/ 

History
Main articles: Smart & Final and Henry's Farmers Market

Sprouts via its Smart & Final subsidiary, and merging it with Henry's Farmers Market and Sun Harvest in 2011.[5] Sprouts took over a failed development project first done by Whole Foods in Albany, California in 2015.[5]

Charitable giving

In 2015, Sprouts founded the Healthy Communities Foundation, which supports local health and wellness related causes.[6] Since then, the Foundation has awarded more than $10 million to nonprofit partners across 23 states. In 2020, the Foundation plans on awarding 100 Neighborhood grants to nonprofits in 23 states, totaling $600,000. Grants will range from $1,000 to $10,000 per nonprofit.[7]

Sustainability

Sprouts operates with a focus on the environment, product quality and supply chain transparency, team members, and local communities.[8] As part of Sprouts’ commitment to “zero waste,” Sprouts participates in a food waste diversion program that provides food to those in need, feed for animals, and nutrients for agricultural soil. All edible food that is no longer fit for sale is donated to hunger relief agencies and food that is not fit for hunger relief agencies is donated as cattle feed. Everything else is donated as compost, which enriches soils with nutrients.[9] In 2019, The U.S. Environmental Protection Agency (EPA) recognized Sprouts with several recognition through its GreenChill program, a partnership with food retailers to reduce refrigerant emissions and decrease their impact on the ozone layer and climate change.[10]

Products

Sprouts offers a wide selection of healthful products that are minimally processed and free of artificial flavors, colors, preservatives and synthetic ingredients. The company says that 90% of its products meet this standard.[11]

Sprouts has its own private label brand of products, featuring more than 2,400 items.[12] Sprouts offers beef products that range from choice cuts to grass-fed. Sprouts has a large Vitamins & Supplements department with more than 7,500 products.[3] Produce makes up approximately a quarter of the business for Sprouts and the store carries around 200 varieties of organic produce.[13] As a healthy food grocer dedicated to affordability and accessibility, one third of the store is always on promotion.[14][13]

Concerns and criticism

Animal product concerns

In April 2017, the network Direct Action Everywhere (DxE) released the results of their investigation into cage-free egg supplier Morning Fresh Farms.[15] The Phoenix Business Journal covered the investigation and included comments from Sprouts, noting that Morning Fresh Farms provided inspection reports and certification documents showing compliance that indicated the video shared in the results was not reflective of the farm's cage-free facility in Colorado.[16]

Criticism

The store’s use of the term “farmers market” been criticized by local farmers and food sovereignty advocates for appropriating a term they believe should be reserved for direct-to-consumer sales venues.[17]

References

Citations
  1. "Sprouts Farmers Market". Fortune. Retrieved 2019-01-14.
  2. "Sprouts Farmers Market coming to Baton Rouge". WAFB. 2019-06-14. Retrieved 2019-06-21.
  3. "12 things shoppers need to know about Sprouts Farmers Market". The Tennessean. Retrieved 2017-11-06.
  4. "Sprouts Farmers Market". Fortune. Retrieved 2019-09-11.
  5. Klingler 2015, p. 96.
  6. "Sprouts Awards $1.6M to Health-focused Nonprofits". ProgressiveGrocer. 2016-10-18. Retrieved 2016-11-22.
  7. Staff, WholeFoods Magazine (2020-05-29). "Sprouts: Applications for Neighborhood Grants Program Open". WholeFoods Magazine. Retrieved 2020-06-01.
  8. "Sustainability". Sprouts Corporate - Natural & Organic Grocery Store. Retrieved 2019-09-11.
  9. "Environment". Sprouts Corporate - Natural & Organic Grocery Store. Retrieved 2019-10-31.
  10. US EPA, OA (2019-09-11). "EPA Applauds the Smart Refrigerant Management by Weis Markets and Supermarkets Across America". US EPA. Retrieved 2019-09-11.
  11. Murphy, Cat. "Healthy choices ripe for the picking at Sprouts Farmers Market". The Murfreesboro Post. Retrieved 2017-11-09.
  12. Taylor, Natalie (October 23, 2018). "Sprouts to Open 30 New Stores in 2019". www.winsightgrocerybusiness.com. Retrieved December 6, 2018.
  13. Griffin, Justine (21 February 2017). "Tampa Bay's first Sprouts Farmers Market opens Wednesday". Tampa Bay Times. Archived from the original on 2017-02-22. Retrieved 2020-01-09.CS1 maint: unfit url (link)
  14. "Here's a look inside Sprouts Farmers Market at Lincoln Square". Phillyvoice. Retrieved 2018-12-06.
  15. "Employee Access Sprouts Market". Retrieved 2019-12-03.
  16. Totten, Steven (18 April 2017). "Investigation finds starving chickens at Sprouts Farmers Market egg supplier". Phoenix Business Journal. American City Business Journals. Retrieved 24 April 2017.
  17. https://americanfarmpublications.com/harford-grower-takes-issue-with-grocery-using-farmers-market-term/

Sources
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