Sprouts Farmers Market reported double-digit sales growth in its first quarter of 2018 but says the transition of its delivery model, plus lower-than-expected inflation, will dampen its outlook for the year.
E-commerce sales surge, Cash & Carry foodservice banner to change
Nearly two-thirds of stores now within reach of online service
First-quarter report details plans to ramp up online grocery service
Net earnings get lift from federal tax reform
Broker says “substantially all” of retailer’s IP assets divested
Supermarket chains also to close two older locations in Illinois
Company veteran to serve as president before succeeding Steven Goddard