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Sprouts to Anchor Rouzan

Posted on 3/6/18 at 10:58 am
Posted by RaginCajunz
Member since Mar 2009
7264 posts
Posted on 3/6/18 at 10:58 am
Great news in my opinion

Business report article

The Phoenix, Arizona company that operates Sprouts Farmers Market Inc. has signed a lease to open a grocery store in the planned Village Center at Rouzan. According to documents filed Jan. 3 with the East Baton Rouge Parish Clerk of Court, SFM LLC signed a lease in October 2017 with Village Center Partners LLC, which is owned by Tommy Spinosa.

SFM is the trading symbol for Sprouts Farmers Market, which is traded on the NASDAQ stock exchange.

Spinsoa is the original developer of Rouzan and still retains the four-acre parcel on which the supermarket will be developed. He recently sold the rest of the 100-acre Traditional Neighborhood Development to a team of investors led by John Engquist, Charles Landry and Todd Waguespack.
This post was edited on 3/6/18 at 11:01 am
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 3/6/18 at 11:03 am to
Nice. Sprouts is awesome. Everyone should be excited about them coming to Louisiana.
Posted by LSUvegasbombed
Red Stick
Member since Sep 2013
15464 posts
Posted on 3/6/18 at 11:07 am to
is it that different from a fresh market?

Posted by RaginCajunz
Member since Mar 2009
7264 posts
Posted on 3/6/18 at 11:07 am to
It's a nice option for sure. My prediction & hope is that maybe Sprouts will anchor the Conway development on 44 in Gonzales. I can't imagine they will enter and stay in the market for a single location.
Posted by RaginCajunz
Member since Mar 2009
7264 posts
Posted on 3/6/18 at 11:09 am to
is it that different from a fresh market?

From my limited experience (1-2 Fresh Markets and 5-6 sprouts locations) Sprouts is substantially larger with a much wider variety & deeper selection.
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 3/6/18 at 11:21 am to
Fresh market closed here before I went to one. So I don't know

Sprouts is produce driven, it's the majority space of the store. Very low prices but better quality than Kroger/Albertsons type places. Large bulk foods section with nuts, trail mixes, grains, beans, candy, seeds and chocolate.

Deli usually has Boars Head stuff and they will make sandwiches. The newer stores have salad bars too. Meat and seafood always has good deals. They alternate between chicken breast and thigh value packs for super cheap. Really good quality too.

Grocery is the expensive part with a lot of organic and natural items. Plus the vitamin section with all kinds of supplements, oils, etc. Much like whole foods in those 2 sections.

I managed the top store in Texas for a little over 2 years. They pay better than most and have great benefits so the staff is usually pretty good. Customer complements and complaints were part of our management bonus structure.
Posted by therick711
South
Member since Jan 2008
26153 posts
Posted on 3/6/18 at 11:48 am to
quote:

Nice. Sprouts is awesome.


Until they get screwed by their lessor, which given the track record is a good possibility. It will probably sour them on Louisiana completely.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
117181 posts
Posted on 3/6/18 at 1:42 pm to
quote:

Spinsoa is the original developer of Rouzan and still retains the four-acre parcel on which the supermarket will be developed.


Chilled water facility all over again.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
20405 posts
Posted on 3/6/18 at 2:34 pm to
Doesn't the due diligence process (or a simple Google search) activate a siren and large red sign for these corporations that reads:

DON'T DO BUSINESS WITH THIS GUY! He will screw you!
Posted by tigers1956
baton rouge
Member since Oct 2008
5436 posts
Posted on 3/6/18 at 2:38 pm to
Great news....been to sprouts in Houston people in baton rouge will love this store....
This post was edited on 3/6/18 at 6:15 pm
Posted by TigerAlum1982
Member since Sep 2011
1575 posts
Posted on 3/6/18 at 3:43 pm to
I love Sprouts and shop there when I'm in Denver. We need something like that closer to Highland/I-10.
Posted by Martini
Near Athens
Member since Mar 2005
49696 posts
Posted on 3/6/18 at 5:12 pm to
quote:


Chilled water facility all over again.



Nah. He’s not going to yank John Enquist’ chain.
Posted by tigers1956
baton rouge
Member since Oct 2008
5436 posts
Posted on 3/6/18 at 6:17 pm to
Much better than trader Joe's
Posted by Martini
Near Athens
Member since Mar 2005
49696 posts
Posted on 3/6/18 at 7:31 pm to
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