Sprouts seeking an incentive to set up shop in another fast-growing Austin suburb
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Miami Herald
2 days ago
- Miami Herald
The Friday Checkout: Why Sprouts' self-distribution expansion is timely
Distribution has been a hot-button issue for the grocery industry this year, with United Natural Foods, Inc.'s cybersecurity attack taking center stage along with C&S Wholesale Grocers' recent bid to acquire SpartanNash. With all eyes on the food supply chain, grocers' efforts to build out self-distribution networks couldn't be more timely. Self-distribution was a major talking point during Sprouts Farmers Market's second quarter earnings call earlier this week. Though UNFI's near shutdown was "minimally disruptive" to the fast-growing specialty grocer, according to CEO Jack Sinclair, its expanding self-distribution network is looking more and more appealing these days. It would enable the specialty grocer to have "more control over [its] supply chain while minimizing operations and supply chain risks," Sinclair told investors. Sprouts runs a network of distribution centers across its operating footprint, with around 80% of its stores located within 250 miles of one. The grocer is expanding that network, with a new DC set to open in Northern California next year. It's also bringing its fresh meat and seafood sourcing in-house, according to an April investor presentation. "We're going through a transition period," Sinclair said about the ongoing efforts to establish a more self-sufficient supply chain. He added that Sprouts will continue to take over distribution of "key product categories." Sprouts is far from the first food retailer to turn to self-distribution. Ahold Delhaize US, for example, has ADUSA Distribution as well as ADUSA Transportation to serve all of its stateside banners. This self-distribution push began in 2019 and, as of 2023, included around two dozen facilities along the East Coast. Walmart is also part of this trend. This year alone, the retailer opened its first owned-and-operated case-ready beef facility, purchased a distribution center in Utah and debuted a Sam's Club distribution center in Florida. Self-distribution is difficult to carry out for smaller, independent grocers that lack the resources to build and operate supply facilities. But for larger retailers, it can help save money and avoid catastrophe if third-party distributors can't deliver. In case you missed it FMI rolls out SNAP resource for its members FMI – The Food Industry Association announced Thursday it has created a resource for its members to track state policies relating to waivers that restrict certain foods from SNAP eligibility. The page provides individual food definitions for states that have received waivers as well as state communication strategies, implementation timelines and a state-by-state comparison showing how "candy" is defined. The trade group said it will keep the resource updated as information becomes available. DoorDash bolsters its grocery presence The e-commerce provider announced Tuesday the addition of six retailers to its platform. The newcomers include Bi-Rite Market and Lunardi's Markets in the San Francisco Bay Area, Superior Grocers in California and three grocers in Ohio: Dave's Markets, Dorothy Lane Market and Lucky's Markets. Whole Foods takes on "biodiversity highway initiative" On Tuesday, Whole Foods Market unveiled a partnership with Mad Agriculture to launch a national initiative aimed at reconstructing native ecosystems across farmland in the U.S. The program, which will begin in and around the Lowery Creek Watershed in Wisconsin, aims to buffer communities from flooding and erosion, improve soil and water health, and support pollinators and wildlife. Whole Foods said the creation of a 1,000-acre "biodiversity highway" will address issues such as disappearing biodiversity, declining soil health and weakening ability of land to withstand environmental stress. As part of the initiative, the Amazon-owned grocer has pledged up to $500,000 in matching funds to "catalyze $1 million in collective investment from food system stakeholders in 2025." Impulse find Stop & Shop makes a 'Happy' cameo Netflix's hit movie "Happy Gilmore 2" features a laundry list of star cameos, including Ben Stiller, rapper Eminem, NFL player Travis Kelce and pro golfers Scottie Scheffler and Rory McIlroy. And then there's our personal favorite: Stop & Shop. The Northeast grocery chain's Clifton, New Jersey, store plays a key role early on in the film. Happy Gilmore, played by Adam Sandler, is shown working in the store's produce department when a pesky customer starts prodding him about playing professional golf again. (Spoiler alert: Happy doesn't let the pestering go unpunished.) "We're grateful to be part of such a culturally relevant moment - and excited for viewers to spot our aisles in this laugh-out-loud sequel," Stop & Shop said in a LinkedIn update. The star turn will, no doubt, raise awareness of the grocer's brand. "Happy Gilmore 2" garnered 46.7 million views in its first three days on Netflix, according to Variety, marking the best opening performance ever for a Netflix film. Copyright 2025 Industry Dive. All rights reserved.
Yahoo
6 days ago
- Yahoo
All In Food Launches Nationally at Sprouts with Craveable, Mission-Driven Snack Bars
LOS ANGELES, July 28, 2025 /PRNewswire/ -- All In Food is proud to announce the national launch of its snack bars at Sprouts Farmers Market. The 6-count packs include three of the brand's most popular flavors: Madagascar Vanilla, Honey + Almond, California Almonds, Dark Chocolate + Sea Salt, and Peruvian Dark Chocolate + Peanut Butter, all crafted with organic ingredients and a commitment to better food for all. All In makes snacks that are undeniably craveable, fueling you and your community. Every purchase helps fund grassroots organizations, expanding access to healthy food across the U.S. "We're All In on making snacks that people truly love—without compromising on quality, values, or impact," said James McGinnis, CEO of All In. "Sprouts is a perfect retail partner to help bring our mission to more people across the country." All In's snack bars are certified USDA Organic, non-GMO, gluten-free, and made without palm oil. The brand's complete product line includes both family-friendly and school-safe options, including a kids' line made in a dedicated nut-free facility and free from the top eight allergens. "All In is showing up where it matters—with nourishing ingredients, great flavor, and a commitment to giving back," said Max Schorr, CEO of GOOD Worldwide and board member at All In. "Launching nationally with Sprouts is an exciting next step toward expanding our reach and community impact throughout the country." You can learn more at or follow @AlInFood on Instagram. ABOUT ALL IN FOOD All In makes organic, craveable snacks that support food access in communities across the U.S. Every purchase helps fund grassroots organizations working to create a healthier, more equitable food system. Originally co-founded by Kristen Bell and a team of changemakers, All In is reimagining what a snack company can do. PRESS CONTACTAlejandra GuerraPress@ View original content to download multimedia: SOURCE All In Food Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
25-07-2025
- Business Wire
Sprouts Farmers Market, Inc. Revises Credit Facility
PHOENIX--(BUSINESS WIRE)--Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced the closing of a $600 million revolving credit facility (the 'Revolving Credit Facility') under a credit agreement dated as of July 25, 2025. The Revolving Credit Facility refinances the company's previous $700 million revolving credit facility, which was replaced in connection with Sprouts' entry into the Revolving Credit Facility. The Revolving Credit Facility contains terms and conditions substantially similar to the company's previous facility, with a commitment expiration date of July 2030, revised pricing terms for loans and commitments thereunder, and additional covenant flexibility. At closing, Sprouts had no outstanding borrowings and letters of credit of $23 million outstanding under the Revolving Credit Facility, with a remaining availability of $577 million. 'While we plan to continue to fund operations and unit growth through our robust cash flow generation, this facility provides Sprouts with financial flexibility as we grow,' said Curtis Valentine, chief financial officer of Sprouts. JPMorgan Chase Bank, N.A., acted as administrative agent, issuing bank, and swingline lender. JPMorgan Chase Bank, N.A., Truist Securities, Inc. and PNC Capital Markets LLC acted as joint lead arrangers and joint bookrunners, Truist Bank and PNC Bank, National Association, acted as co-syndication agents, and Bank of America, N.A., BMO Bank, N.A., and U.S. Bank, National Association acted as co-documentation agents. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements include, among others, our plans regarding unit growth and cash flow generation as well as our company growth. Forward-looking statements are based on our beliefs as well as assumptions made by, and information currently available to, us. The risks and uncertainties to which the forward-looking statements are subject include, without limitation, adverse impacts due to general economic conditions that impact consumer spending or result in competitive responses, our ability to maintain or improve our operating margins, and other risks detailed in the 'Special Note Regarding Forward-Looking Statements,' 'Risk Factors,' and other sections of our Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Except as required by applicable law or regulation, we disclaim any obligation, and do not intend, to publicly update or review any of our forward-looking statements, whether as a result of new information, future events, or otherwise. Corporate Profile True to its farm-stand heritage, Sprouts offers a unique grocery experience featuring an open layout with fresh produce at the heart of the store. Sprouts inspires wellness naturally with a carefully curated assortment of better-for-you products paired with purpose-driven people. The healthy grocer continues to bring the latest in wholesome, innovative products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free. Headquartered in Phoenix, and one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States, Sprouts employs approximately 35,000 team members and operates more than 450 stores in 24 states nationwide. To learn more about Sprouts, and the good it brings communities, visit
