July 21, 2015

Sprouts Inks Lease in Germantown for New Grocery Store

By:  Ryan Poe
Memphis Business Journal

Sprouts Farmers Market Inc. has locked in a lease in Germantown for its second Memphis-area location.

Phoenix, Arizona-based specialty grocer Sprouts (NASDAQ: SFM) confirmed plans Monday to open in a former, 30,000-square-foot Schnucks in The Shops of Forest Hill, which is at Poplar and Forest Hill Irene Road.

The second quarter of 2015 is the earliest the store could open, said spokeswoman Donna Egan.

"We’re excited to continue our expansion in the Southeast and feel Memphis will be a terrific location for Sprouts," she said.

The company is currently renovating part of a former Kroger in Lakeland for its first area store, which aims for the feel of a farmers market. The store is slated to open in April.