retail news in context, analysis with attitude

...with brief, occasional, italicized and sometimes gratuitous commentary...

• Southern California-based Gelsons Markets said yesterday that it will close its Pasadena store in July, a move that will leave it with just 16 units. However, the company will soon have 17 stores, when it opens a Long Beach, California, store that is in a former supermarket space that is being remodeled.

• Sprouts Farmers Market announced that it will open its first store in Oklahoma when the doors open on a unit in Norman next Wednesday.

Sprouts now operates more than150 stores, with 15 more scheduled to open this year, and employs nearly 12,000 people.

• The Wall Street Journal reports that Starbucks has bought its first coffee farm - a 600-acre property in Costa Rica that it plans to use "to develop new coffee varieties and test methods to eradicate a fungal disease known as coffee rust that is vexing the industry."

Terms of the acquisition were not disclosed.

• The Associated Press reports that Burger King is rolling out a new menu item this week - a turkey burger that it says is "part of its limited-time offers for spring, marking the latest fast-food effort to cater to health-conscious diners."
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