Retailers and Grocery Stores and Specialty stores and Retail and Real Estate & Retail

Upscale grocer Fresh Market planning Fishers store

November 27, 2012

Upscale specialty grocery chain The Fresh Market is planning its third store in the Indianapolis area, this time in a busy area of Fishers.

The Greensboro, N.C.-based company said Tuesday it plans to open a store at 116th Street and Cumberland Road, near a high-traffic intersection where a Kroger store and an LA Fitness Club are located.

The store is scheduled for a 2013 opening.

Fresh Market opened its first area store in Carmel at 2490 E. 146th St. in 2005. It added a second in 2008 at College Avenue and 54th Street in Indianapolis at a spot previously occupied by the legendary Atlas Supermarket.

The 128-store chain, founded in 1982, has stores in 25 states. Company shares traded at $60.35 each Tuesday afternoon, down 1.7 percent.

The company had sales of $313 million in the second quarter.
 

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