Value positioning, new stores grow Sprouts sales 20 percent in Q2

Since its IPO in August 2013, Sprouts has been on a growth tear through the Southwestern natural retail market. With new stores in the Southeast, strong Q2 comp store sales growth, and net sales up 20 percent, the company is riding high in midyear 2014. Here are some takeaways from Sprouts' latest earnings report that you can apply to your own retail business.