Will Sprouts Survive?
I ask will Sprouts survive because the discount grocer is expanding aggressively in an increasingly competitive grocery market. For instance,
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
I ask will Sprouts survive because the discount grocer is expanding aggressively in an increasingly competitive grocery market. For instance,
Read MoreThe most obvious buyer for Sprouts would be Kroger, which has been aggressively trying to attract more organic and high-end grocery business.
Read MoreKroger is a threat to Sprouts because it too is a deep discounter. News reports indicate that Kroger can sell most groceries at prices 3% to 5% lower than the industry norm. It is also making an aggressive push into the organic and natural foods segment with Simple Truth, a private label brand that reached $1 billion in sales in 2014. Simple Truth sales have been growing at a rate of around 10% a quarter.
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