News Summary
Sprouts Farmers Market has revealed plans to open a new store in Raleigh’s Pleasant Valley Promenade by 2027. This expansion will be the retailer’s third location in the Triangle area. The store will replace an existing two-story building and offer additional commercial spaces, enhancing the shopping environment. As Sprouts continues to grow its presence in North Carolina, the competitive grocery market in the Triangle region is also expanding, with several major chains planning new locations nearby.
Raleigh to Welcome New Sprouts Farmers Market Location in 2027
Raleigh, North Carolina — Sprouts Farmers Market has announced plans to open a new store in the city’s Pleasant Valley Promenade shopping center, with a targeted opening date in 2027. This expansion marks the retailer’s third location in the Triangle region, further strengthening its presence in North Carolina.
Details of the New Store and Construction Plans
The forthcoming Sprouts Farmers Market will be situated on Glenwood Avenue, near Pleasant Valley Road. The new store will replace part of the current shopping center, which includes a two-story building housing a Starbucks coffee shop. The construction plans involve demolishing this existing building along with sections of the shopping center to make way for the new Sprouts store and two additional commercial buildings.
The new commercial spaces are expected to be approximately 5,600 square feet and 8,400 square feet, providing room for potential tenants or expansion. The redevelopment aims to enhance the retail environment at Pleasant Valley Promenade, which currently features prominent retailers like Petco, Dick’s Sporting Goods, Marshalls, and Ulta Beauty.
Sprouts’ Presence in the Triangle and State
Sprouts Farmers Market currently operates two stores in the Triangle region: one off Falls of Neuse Road at Litchford Road in Raleigh and another near NC Highway 54 at Fayetteville Road in Durham. The company’s third store in the area will further expand its footprint, following the opening of a seventh store slated for Charlotte in August 2024.
Nationwide, Sprouts has experienced significant growth, operating 443 stores across 24 states as of March 2025. However, its market share in North Carolina remains relatively modest. For example, in 2024, Sprouts held a 1% market share in the Durham-Chapel Hill area, which is eclipsed by larger competitors such as Walmart, Harris Teeter, and Food Lion.
Other Grocery Retail Expansion in the Triangle
The Triangle region is witnessing a broader retail expansion in the grocery sector, with several major chains planning new stores:
- Publix is opening its third Raleigh location at 7330 Buffaloe Road this year, with additional stores planned in Durham County and Johnston County.
- Wegmans is slated to open its fifth Triangle location in Holly Springs in 2027.
- BJ’s Wholesale Club is under construction in Selma, with an expected opening in spring 2026.
- Target is expanding with two new stores, scheduled to open in Fuquay-Varina and Selma in 2026.
Implications for the Local Grocery Market
This ongoing expansion by Sprouts and other retailers indicates a competitive and growing grocery market in the Triangle area. While Sprouts continues establishing its presence with a focus on natural and organic products, the emergence of other major chains will likely influence shopping options and market dynamics.
Overall, the new Sprouts Farmers Market at Pleasant Valley Promenade will contribute to the evolving retail landscape in Raleigh, offering residents more choices for grocery shopping and emphasizing the region’s economic growth and development in retail services.
Deeper Dive: News & Info About This Topic
HERE Resources
Additional Resources
- News Observer
- Wikipedia: Sprouts Farmers Market
- Chain Store Age
- Encyclopedia Britannica: Grocery Stores
- News Observer
- Google Search: Grocery Market Expansion
- Upstate Business Journal
- Google Scholar: Sprouts Farmers Market
- Charlotte Observer
- Google News: Sprouts Farmers Market Expansion
- Progressive Grocer
- Google Search: Grocery Retail
Author: STAFF HERE RALEIGH WRITER
RALEIGH STAFF WRITER The RALEIGH STAFF WRITER represents the experienced team at HERERaleigh.com, your go-to source for actionable local news and information in Raleigh, Wake County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the North Carolina State Fair, Raleigh Arts Festival, and the Hopscotch Music Festival. Our coverage extends to key organizations like the Greater Raleigh Chamber of Commerce and Visit Raleigh, plus leading businesses in technology and education that power the local economy such as Red Hat and NC State University. As part of the broader HERE network, including HEREAsheville.com, HERECharlotte.com, HEREGreensboro.com, and HEREOBX.com, we provide comprehensive, credible insights into North Carolina's dynamic landscape.
