Henry's Farmers Markets
Encyclopedia
Henry's Farmers Market is a food retailer that operates in California
.
The roots of Henry's Farmers Market were established in 1943 when a family bought a truckload of peach
es and sold them on a street corner in San Diego.
Henry's first store in Northern California, opened in Elk Grove, California
on August 18, 2010.
In December 2010, Henry's announced plans to open its first store in Boise, Idaho
in 2011. However, a week after the announcement, plans for the Boise store were stalled.
.
Soon thereafter, in October 2007, Whole Foods Market sold all 35 Henry's Farmers Market and Sun Harvest Market stores to a subsidiary of Los Angeles grocer Smart & Final
, Inc., for $166 million. Earlier in 2007, Smart & Final had been acquired by the private equity firm Apollo Management
.
"Sprouts" is the second specialty market brand developed by the Henry Boney family, who sold their Henry's Farmers Markets
in 1999. Sprouts has announced that it will be merging with Henry's Farmers Market. The combined company, which will operate under the name Sprouts Farmers Market, will have 98 stores and more than 7,000 employees at the time the transaction closes, which is expected to be early in the second quarter of 2011. Two locations in Temecula, California
will operate under the Henry's Farmers Market name due to an unrelated retailer with a similar name, Sprouts Natural Market, operating in the area.
California
California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...
.
History
Henry’s Farmers Market is an operator of natural-foods stores that suggest a shopping experience reminiscent of produce stands and neighborhood butchers of the 1950s. Henry’s stores offer produce, vitamins and supplements, and all-natural foods, including bulk grains, nuts and candy, whole-grain breads, fresh meats and seafood, deli offerings, and a wide variety of grocery products.The roots of Henry's Farmers Market were established in 1943 when a family bought a truckload of peach
Peach
The peach tree is a deciduous tree growing to tall and 6 in. in diameter, belonging to the subfamily Prunoideae of the family Rosaceae. It bears an edible juicy fruit called a peach...
es and sold them on a street corner in San Diego.
Henry's first store in Northern California, opened in Elk Grove, California
Elk Grove, California
Elk Grove is a city in Sacramento County, California, located just south of the state capital of Sacramento. It is part of the Sacramento–Arden-Arcade–Roseville Metropolitan Statistical Area. As of the 2010 census, the population of the city is 153,015...
on August 18, 2010.
In December 2010, Henry's announced plans to open its first store in Boise, Idaho
Boise, Idaho
Boise is the capital and most populous city of the U.S. state of Idaho, as well as the county seat of Ada County. Located on the Boise River, it anchors the Boise City-Nampa metropolitan area and is the largest city between Salt Lake City, Utah and Portland, Oregon.As of the 2010 Census Bureau,...
in 2011. However, a week after the announcement, plans for the Boise store were stalled.
Acquisitions
In 1999, Wild Oats Markets, Inc. acquired Henry's Marketplace from the Boney Family. The Henry's family includes 23 stores in Southern California and one in Northern California. Following a highly debated merger in August 2007, Wild Oats was acquired by Whole Foods MarketWhole Foods Market
Whole Foods Market is a foods supermarket chain based in Austin, Texas which emphasizes "natural and organic products." The company has been ranked among the most socially responsible businesses and placed third on the U.S...
.
Soon thereafter, in October 2007, Whole Foods Market sold all 35 Henry's Farmers Market and Sun Harvest Market stores to a subsidiary of Los Angeles grocer Smart & Final
Smart & Final
Smart & Final is a chain of warehouse-style food-and-supply stores based in Commerce, California, which developed through a series of mergers and expansions. The oldest of the combined companies, Hellman-Haas Grocery, was founded in 1871. The company has expanded to over 250 stores in the Western...
, Inc., for $166 million. Earlier in 2007, Smart & Final had been acquired by the private equity firm Apollo Management
Apollo Management
Apollo Global Management, LLC is a private equity investment firm, founded in 1990 by former Drexel Burnham Lambert banker Leon Black. The firm specializes in leveraged buyout transactions and purchases of distressed securities involving corporate restructuring, special situations and industry...
.
"Sprouts" is the second specialty market brand developed by the Henry Boney family, who sold their Henry's Farmers Markets
Henry's Farmers Markets
Henry's Farmers Market is a food retailer that operates in California.-History:Henry’s Farmers Market is an operator of natural-foods stores that suggest a shopping experience reminiscent of produce stands and neighborhood butchers of the 1950s...
in 1999. Sprouts has announced that it will be merging with Henry's Farmers Market. The combined company, which will operate under the name Sprouts Farmers Market, will have 98 stores and more than 7,000 employees at the time the transaction closes, which is expected to be early in the second quarter of 2011. Two locations in Temecula, California
Temecula, California
Temecula is a city in southwestern Riverside County, California, United States with a population of 100,097 according to the 2010 United States Census, making it the lowest populated American city over 100,000 population. It was incorporated on December 1, 1989...
will operate under the Henry's Farmers Market name due to an unrelated retailer with a similar name, Sprouts Natural Market, operating in the area.