More Sprouts Farmers Market locations are on the way, with several coming soon in a new, smaller store format.
The Phoenix-based company announced today that stores in Dania Beach, Fla., Grand Prairie, Texas, Phoenix, Ariz., and Smyrna, Ga., will debut the new look, and a store in Tustin, Calif., will be remodeled in that style.
Sprouts said in a recent earnings call that the new format, which will be about 25,000 square feet, eliminates unproductive space and so is expected to carry roughly the same number of SKUs and generate similar sales as the previous format.
“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,” Dave McGlinchey, chief format officer for Sprouts, said in a news release. “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 open about 20 new stores this year, 10 of which will be in Florida. The company has been expanding there since 2018 and now has 23 locations in the state, according to the release.
“This year, Sprouts will densify its footprint with more stores opening in California, Florida and Texas,” McGlinchey said in the release. “We're excited to introduce our newest format in four stores in the second half of 2020 and plan to feature this format with even more stores next year, when we will be expanding at unit growth of 10% or more.”
Sprouts currently operates 362 stores in 23 states. According to the release, future stores are planned for the following locations.
- Boynton Beach, Fla.
- Brandon, Fla.
- Buford, Ga.
- Dania Beach, Fla.
- Denver, Co.
- Garden Grove, Calif.
- Grand Prairie, Texas
- Homestead, Fla.
- Las Colinas, Texas
- Maricopa, Ariz.
- Menifee, Calif.
- Miami, Fla.
- Oakland Park, Fla.
- Orlando, Fla.
- Phoenix, Ariz. (relocation)
- Port St. Lucie, Fla.
- Reno, Nev.
- Smyrna, Ga.
- Tampa, Fla.
- West Palm Beach, Fla.