Company type | Private |
---|---|
Industry | Retail |
Founded | March 5, 1982 |
Founders | Ray Berry and Beverly Berry |
Headquarters | Greensboro, North Carolina, U.S. |
Number of locations | 160 (all in US) [1] |
Area served | Southeastern U.S. Mid Atlantic U.S. Midwest |
Key people | Jason Potter (CEO) |
Products | Food |
Revenue | US$1.75 billion (2014) [2] |
US$103.6 million (2014) [2] | |
US$63 million (2014) [2] | |
Number of employees | 13,000 |
Website | www |
The Fresh Market is an American chain of supermarkets based in Greensboro, North Carolina. [3]
The Fresh Market was founded by Ray and Beverly Berry on March 5, 1982, in Greensboro, North Carolina. The first store was opened in the former Bi-Rite store at the corner of Lawndale Dr. and Pisgah Church Rd. [4] The Berrys' idea was to develop a better grocery store that brought back the feeling of open European-style markets. [5] Their first store in the West opened in October 2012 in Roseville, California. However, in March 2014, the company announced that it was closing all three of its Sacramento area stores including its Roseville store. [6]
In 2012, Fresh Market acquired and remodeled four locations of longtime family-owned Houston grocer Rice Epicurean Markets. [7] These locations were subsequently closed in May 2016 when Fresh Market shuttered its 13 locations in Texas, Iowa, Missouri, and Kansas. [8]
After increasing the price of its initial public offering from $18–20 to $22, Fresh Market raised $290 million, and on November 5, 2010, began trading on Nasdaq using the symbol TFM. [9]
Apollo Global Management, LLC (APO) acquired the stock of The Fresh Market, Inc. (TFM) ("The Fresh Market") on April 27, 2016. The Fresh Market then became a privately held company and its stock was delisted on NASDAQ. [10]
In March 2022, Fresh Market filed an updated prospectus for its initial public offering, signaling the companies intent to return to a public company. [11]
In May 2022, the Chilean retail company Cencosud acquired a 67% stake in Fresh Market. [12]
The Fresh Market has been in numerous trademark disputes relating to its commonplace name. In 2005, the company lost a trademark dispute with "Marsh Supermarkets" relating to the 'Fresh Market' trademark. The U.S. federal court in South Bend, Indiana stated “The Fresh Market trademark is descriptive and therefore weak and not entitled to broad sweeping protection." [13] The Fresh Market was also in trademark disputes with “Fresh Market at Roth's" [14] and in 2010 with a Utah-based company named "A Fresh Market". In the latter case, it was argued that the term "Fresh Market" was too generic to be trademarked. [15]
In 2017 the company's name “The Fresh Market” was trademarked by the U.S. Patent and Trademark Office. [16]
Sobeys Inc. is the second largest supermarket chain in Canada after Loblaw Companies Limited, with over 1,500 stores operating across Canada under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales of more than C$25.1 billion in the fiscal 2019 operating year. It is a wholly owned subsidiary of Empire Company Limited, a Canadian business conglomerate.
The Kroger Company, or simply Kroger, is an American retail company that operates supermarkets and multi-department stores throughout the United States.
99 Ranch Market is an American supermarket chain owned by Tawa Supermarket Inc., which is based in Buena Park, California. 99 Ranch has 58 stores in the U.S., primarily in California, with other stores in Nevada, Oregon, Washington, New Jersey, Texas, Maryland, Massachusetts, Arizona, and Virginia. The company also started offering shopping via its website in 2014. In February 2021, the company also launched their mobile app for grocery delivery.
Whole Foods Market, Inc., a subsidiary of Amazon, is an American multinational supermarket chain headquartered in Austin, Texas, which sells products free from hydrogenated fats and artificial colors, flavors, and preservatives. A USDA Certified Organic grocer in the United States, the chain is popularly known for its organic selections. As of March 4, 2019, Whole Foods has more than 500 stores in North America and seven in the United Kingdom.
Harris Teeter Supermarkets, LLC., also known as Harris Teeter Neighborhood Food & Pharmacy, is an American supermarket chain based in Matthews, North Carolina, a suburb of Charlotte. As of January 2023, the chain operates 258 stores in seven South Atlantic states and Washington, D.C. Supermarket News ranked Harris Teeter No. 34 in the 2012 "Top 75 Retailers & Wholesalers" based on 2011 fiscal year sales of $4.3 billion.
ShopRite is an American retailers' cooperative of supermarkets with stores in six states: Connecticut, Delaware, Maryland, New Jersey, New York and Pennsylvania.
Food City is an American supermarket chain with stores located in Alabama, Georgia, Kentucky, Tennessee, and Virginia. It is owned by K-VA-T Food Stores, Inc., a privately held family and employee-owned corporation headquartered in Abingdon, Virginia. K-VA-T Food Stores owns the Food City Distribution Center, a distribution center K-VA-T helped form in 1974 and acquired full control of in 1998, Misty Mountain Spring Water, LLC, a producer of bottled water, as well as limited-assortment grocery stores named Super Dollar Food Center, Food City Express and Gas'N Go convenience stores, and Food City Wine and Spirits liquor stores. Many of their grocery stores have their own fuel stations, with the Gas'N Go branding.
Brookshire Grocery Company is a Tyler, Texas-based supermarket chain. There are more than 200 stores operating in Texas, Louisiana, Arkansas, and Oklahoma under their five banners, Brookshire's, Super 1 Foods, Fresh by Brookshire's, Spring Market, and Reasor's.
Raley's Supermarkets is an independent, family-owned American grocery and retail technology company headquartered in West Sacramento, California. Raley's was founded in 1935 by Thomas P. Raley in Placerville, California.
SuperFresh is a supermarket brand owned by Key Food Stores which operates in New York City and its New Jersey suburbs. The company currently operates twenty supermarkets.
The Beijing Hualian Group is a leading Chinese retailer founded in 1998, headquartered in Beijing. It is one of the fifteen large national retail enterprises supported by the Ministry of Commerce and the only Chinese retail enterprise member of the International Department Store Association. Headed by Ji Xiao An the chairman of the board of the Beijing Hualian Group, the group's main activities include the operation of supermarkets and department stores, as well as the sale of general merchandise, textiles, daily-use products and fresh fruits and vegetables. The group has been a member of the International Association of department stores since 2006.
Lucky Stores is an American supermarket chain founded in San Leandro, California, in 1935. Lucky is currently operated by Albertsons in Utah and Save Mart Supermarkets in Northern California.
Nugget Markets is an American family-owned upscale supermarket chain operating within the greater Sacramento metropolitan area as well as in Marin and Sonoma counties in Northern California. It is headquartered in Davis, California. As of August 2022, the company operates 13 of its flagship Nugget Markets-brand stores, as well as Sonoma Market in Sonoma, Fork Lift by Nugget Markets in Cameron Park, and Food 4 Less in Woodland.
FreshCo Ltd. is a Canadian chain of discount supermarkets owned by Sobeys. It was launched in March 2010. As of September 2023, there were 100 FreshCo stores.
Bristol Farms is an upscale grocery store chain in California, United States. Founded in Los Angeles County, Bristol Farms operates 20 stores: 14 as Bristol Farms locations and 6 branded as Lazy Acres Markets throughout Southern California. The company is currently owned by Good Food Holdings.
Westfield Galleria at Roseville is a two-level, 1.3 million-square-foot indoor upscale shopping mall in Roseville, California, United States, and is owned by Unibail-Rodamco-Westfield. The property is anchored by department stores Macy’s, JCPenney, and Nordstrom, a 14-screen Cinemark theater, a Round 1 Entertainment center, large-scale Pottery Barn and Crate & Barrel furniture stores, and the sole Northern California-area locations of luxury retailers Louis Vuitton, Gucci, Tiffany & Co., and Saint Laurent.
Rice Epicurean Markets was an American niche grocery store chain based in Southwest Houston, Houston, Texas. There is now just one supermarket left of the chain. Prior to 2012 the company operated five Rice Epicurean Markets, which ranged in size from 25,000 to 42,000 square feet (3,900 m2). At its height, it operated 35 stores. The last Rice Epicurean Market is wholly owned by founding family members.
The Save Mart Companies is an American grocery store operator founded and headquartered in Modesto, California. It owns and operates stores under the names of Save Mart, Lucky, Lucky California, FoodMaxx, and Maxx Value Foods. The stores are located in northern and central California and northern Nevada.
Food Basics was a no-frills discount supermarket chain owned and operated by The Great Atlantic & Pacific Tea Company in the northeastern United States.
Redner's Markets, Inc. is a privately held, American supermarket chain headquartered in Reading, Pennsylvania. Redner's is an employee-owned company that is wholly owned by present and past employees and members of the Redner family. In 2012, 48% was owned by Redner's employees and 52% by the Redner family. Redner's operates stores throughout Pennsylvania, Delaware, and Maryland. The chain has a distribution warehouse located in Maidencreek Township, Pennsylvania.