Sprouts Farmers Market, Inc. was founded by members of the Boney family, long-time San Diego grocers with a focus on making fresh foods affordable. The company opened its first store in Chandler, Ariz. in 2002 with abundant produce and thousands of natural, organic and great-tasting foods at remarkably low prices.
The Sprouts story continued with a period of rapid growth through acquisitions and new store development. In 2011, Sprouts joined with Henry's Holdings, which ran 35 Henry's Farmers Markets stores and eight Sun Harvest Market stores. A year later, the company bought Sunflower Farmers Market, which ran 37 stores.
In 2012, Sprouts was named the No. 1 ‘Hot Retailer' by Stores magazine. It then became a public company traded on the NASDAQ Stock Market in August 2013. Today, Sprouts operates more than 165 stores in eight states and has become one of the largest specialty retailers of natural and organic food in the United States.
Henry Boney starts his first fruit stand – he later creates Speedee Mart, Boney's and other operations
Two of Henry's sons, Stan and Steve, create a second generation Boney's store in Ramona, CA. From that beginning came Windmill Farms and Boney's, and in 1997 the family renames the chain "Henry's Marketplace," in honor of their dad
The Boney family sells Henry's Marketplace to Wild Oats
Stan and his son Shon Boney, along with family friends Scott Wing and Kevin Easler, create Sprouts, based in Phoenix, AZ
Sprouts expands to Texas, opening first store in Plano
Sprouts expands to California, repurchasing store in El Cajon previously run by the Boney Family
Wild Oats is sold to Whole Foods Market
Whole Foods divests itself of Henry's, selling the chain to Smart & Final, Inc. (which, as of early 2007, is owned by Apollo Management, LP)
Sprouts expands to Colorado, opening first stores in Westminster and Parker
Sprouts grows rapidly, opening 23 new stores in a 17-month period
Sprouts opens 50th store, and first one in Northern California, in Sunnyvale
Henry's and Sprouts merge under Apollo, creating one of the largest natural food grocers in the Western U.S. with annual revenues in excess of $1 billion
Sunflower and Sprouts merge under Apollo, expanding Sprouts presence to nearly 150 stores throughout eight states: AZ, CA, CO, NM, NV, OK, TX and UT
Sprouts Farmers Market becomes a public company traded on the NASDAQ Stock Market