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Sprouts Farmers Market

  • Phishing attack exposes grocery chain employee data

    The latest retail security breach may have exposed personal information of workers, rather than customers. According to The Denver Channel, a payroll employee of Phoenix-based, 220-plus-store Sprouts Farmers Markets provided W-2 tax form information from an unspecified number of the retailer’s personnel in response to a request in a fraudulent “phishing” email claiming to be from a company executive. The FBI and IRS are investigating the breach with cooperation from Sprouts.

  • Fresh Thyme Farmers Market: Healthy foods for the masses

    Fresh Thyme Farmers Market, a specialty grocer focusing on fresh, natural and organic foods at accessible prices, is on a roll.

    Barely two years out of the gate (the first store opened in April 2014, in Illinois), the Chicago-based company now counts 32 locations throughout the Midwest.

    Its aggressive growth strategy calls for 60 stores by 2019. Minnesota, Illinois, Missouri, Indiana and Ohio are among the states targeted for growth.

  • Phillips Edison Grocery Center REIT makes strategic buys

    Phillips Edison Grocery Center REIT II announced the strategic acquisitions of four grocery-anchored shopping centers in Colorado, Florida and California.

  • Shoppers love 'healthy living for less' at Sprouts

    Perhaps no other retailer is profiting as well from Americans' changing eating habits than Sprouts Farmers Market, which reported record sales and earnings for the fourth quarter.

    The Arizona-based grocer said that same store sales during the period ended Jan. 3 rose 7.4%. Net income was $28.2 million and diluted earnings per share were 18 cents. Net sales were $3.59 billion, a 21% increase compared to reported net sales in 2014. Adjusted diluted earnings per share of $0.86, a 19% increase from 2014.

  • Sprouts Farmers Market sales hit record high

    Perhaps no other retailer is profiting as well from Americans' changing eating habits than Sprouts Farmers Market, which reported record sales and earnings for the fourth quarter.

    The Arizona-based grocer said that same-store sales during the period ended Jan. 3 rose 7.4%. Net income was $28.2 million and diluted earnings per share were 18 cents. Net sales were $3.59 billion, a 21% increase compared to reported net sales in 2014. Adjusted diluted earnings per share of $0.86, a 19% increase from 2014.

  • Inland acquires 13 properties across nine states

    Oak Brook, Ill. -- Inland Real Estate Acquisitions, Inc. announced it facilitated the acquisition of 13 properties purchased in October by Inland related parties. The acquisitions total more than 1.65 million sq. ft. across nine states for a total purchase price of more than $432.2 million. The properties acquired include a student housing community, six shopping centers and single-tenant retail stores.

    The 13 properties consist of:

  • Sprouts is showing Whole Foods how it's done

    While Whole Foods Market and The Fresh Market struggle to eke out sales growth and profit, Sprouts Farmers Market is quietly emerging as a perennial winner in the grocery sector.

    Sprouts reported its third quarter results this week, and the company's financials exceeded company guidance and even Wall Street estimates.

    The grocery chain reported results for the 13-week third quarter ended Sept. 27 that included:

    • Net sales of $903.1 million, an 18% increase from the same period in 2014

  • Amazon gives L.A. Prime Now gift

    Just in time for the holidays, Amazon.com has extended its addictive Prime Now service to Southern California by establishing four distribution hubs.

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