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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
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Shopping button competition heats up for Amazon
Amazon.com just picked up an improved rival in the burgeoning home shopping button market, which it provided mainstream attention with the launch of its Dash remote ordering device earlier this year.
San Jose-based technology vendor Hiku just launched version 2 of its eponymous shopping button tool. Ironically, Hiku actually released version 1 of the button shortly before Amazon launched its Dash button, but was overshadowed.

