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Jack Sinclair Is a Retail Radical
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Jack Sinclair Is a Retail Radical
In an era when most grocery CEOs are chasing the same playbook—bigger stores, more SKUs, omnichannel everything—Jack Sinclair, CEO of Sprouts Farmers Market, is doing something almost unthinkable in retail: He’s making stores smaller, cutting selection, and deliberately ignoring 85 percent of the market. And it’s working brilliantly. The net profit margin for Sprouts reached 4.9 percent in the recent fiscal year. According to the FMI Food Indust…
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