The fresh, natural and organic foods grocer set the opening date for seven new stores that will open by 15 March. In September, Sprouts celebrated the opening of its 400th store, in Haddon Township, New Jersey.
As part of a five-year plan, the company remains committed to a robust growth strategy, aiming to expand 10 per cent year over year.
“Our pipeline remains strong with nearly 100 approved stores, 60 executed leases and the expected opening of approximately 35 stores in 2024, with close to 70 per cent in the back half,” CEO Jack Sinclair said during the company’s third-quarter earnings call in October.
Sprouts’ new outposts are in keeping with the company’s smaller-format design concept, which features an approximate 23,000sq ft footprint. The stores feature a bright and airy farmers market experience with an open layout, community feel and produce at the heart of the space.
