The Fresh Market is a chain of gourmet supermarkets based in Greensboro, North Carolina. The Fresh Market was founded by Ray and Beverly Berry on March 8, 1982 in Greensboro, North Carolina. The Berrys' idea was to develop a better grocery store that brought back the feeling of open European-style markets. The company (as of December, 2011) operates 110 stores in 21 states, located in the Southeast, Midwest, Mid-Atlantic, and Northeast, with plans for continued expansion throughout the country. Their first store in the West opened in October 2012 in Roseville, Placer County, California, and it was an immediate success despite stiff competition.
Longtime family-owned Houston grocer Rice Epicurean Markets is closing all but one of the 5 stores to make way for The Fresh Market, the Greensboro, N.C.-based specialty food chain announced November 14, 2012. Fresh Market will remodel each location and plans to open the four stores in the latter half of next year.
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.
Famous quotes containing the words fresh and/or market:
“Remember the waterfront shack with the sign FRESH FISH SOLD HERE. Of course it’s fresh, we’re on the ocean. Of course it’s for sale, we’re not giving it away. Of course it’s here, otherwise the sign would be someplace else. The final sign: FISH.”
—Peggy Noonan (b. 1950)
“The only reason to invest in the market is because you think you know something others don’t.”
—R. Foster Winans (b. 1948)