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New competitor in natural foods Sprouts up
NEW YORK — Sprouts Farmers Market, a Phoenix-based natural-foods supermarket chain, has reached an agreement to merge with competitor, Sunflower Farmers Market, based in Boulder, Col. Terms of the deal were not disclosed.
The combined company will operate 139 stores in eight states under the Sprouts banner, with annual sales of approximately $2 billion. It will open about 12 new stores this year.
“Our operations are very similar," said Sprouts president Doug Sanders, who will lead the combined supermarket company.
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Nothing fishy about Supervalu's seafood policy
EDEN PRAIRIE, Minn. — Supervalu, which already has committed to providing customers with sustainably-sourced wild-caught seafood, has taken the next steps to ensure its farm-raised seafood is also sourced responsibly. The company announced that it is partnering with the Global Aquaculture Alliance (GAA) to implement a new, comprehensive procurement policy to ensure sustainable sourcing of farm-raised seafood.