Sprouts, Sunflower Complete Merger
PHOENIX — Sprouts Farmers Market here said it will begin re-branding the Sunflower Farmers Market stores in July, following the announcement Tuesday that the merger of the two companies has been completed.
May 29, 2012
PHOENIX — Sprouts Farmers Market here said it will begin re-branding the Sunflower Farmers Market stores in July, following the announcement Tuesday that the merger of the two companies has been completed.
Banner conversions will continue in phases through the end of the year, Sprouts said, including new exterior and interior signage, updated fixtures and an expanded merchandise mix. Sprouts said it will remain headquartered in Phoenix, while the corporate offices of Sunflower in Phoenix and in Boulder, Colo., will be consolidated into the Sprouts headquarters.
Behind the Sprouts/Sunflower Merger
The combined company will operate 144 stores — including 37 Sunflower locations — with six more locations scheduled to open this year; revenues for the year are projected to approach $2 billion.
The addition of the Sunflower stores expands the Sprouts footprint into Nevada, New Mexico, Oklahoma and Utah and extends its presence in Arizona, California, Colorado and Texas.
"Everyone at Sprouts is eager to work with the Sunflower team to build a stronger company," said Shon Boney, chief executive officer of Sprouts. "In joining forces, we will create a company that is not only bigger but also better — and continue to provide our signature shopping experience with a strong commitment to value and natural products."
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