| Type | Public (NASDAQ: TFM) |
|---|---|
| Industry | Retail |
| Founded | March 8, 1982 |
| Headquarters | Greensboro, North Carolina |
| Number of locations | 100 |
| Area served | Southeastern U.S. Mid Atlantic U.S. Midwest |
| Key people | Ray Berry and Beverly Berry (founders) |
| Products | Grocery |
| Website | thefreshmarket.com |
The Fresh Market (NASDAQ: TFM) is a chain of gourmet supermarkets based in Greensboro, North Carolina.[1] The Fresh Market was founded by Ray and Beverly Berry on March 8, 1982 in Greensboro, North Carolina. The Berry's idea was to develop a better grocery store that brought back the feeling of open European style markets.[1] 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. The Fresh Market specializes in offering fresh, unique, and hard to find products. Each store features a meat and seafood counter, full service deli, extensive cheese counter, bakery, florist/gift shop, a wide selection of beer, wine and spirits, as well as groceries, frozen foods, dairy products, coffee, candy, bulk foods, and produce.
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.[2]
The Fresh Market chain has 101 store locations.