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New grocery chain plans three local stores

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Fresh Thyme Farmers Market, a Phoenix-based specialty grocery startup that plans to open its first eight stores this year and 60 over the next five years, has picked sites for three stores in Indianapolis.

The company said it will open Indianapolis locations this summer at 4225 E. 82nd St. in the Lake Clearwater area and at 8750 U.S. 31, north of Greenwood Park Mall. A third local location is set to open in 2015 at 2342 W. 86th St. in space now occupied by Kahn’s Fine Wines & Spirits near North Willow Farms.

IBJ first reported on the chain's plans to enter the market in November.

Fresh Thyme also said it plans to open a store in Fort Wayne this summer and one in Lafayette this fall. The company has announced locations for its first 23 stores in seven different states, including the five in Indiana.

The very first store is expected to open in Mt. Prospect, Ill., this spring.

Fresh Thyme’s 28,000-square-foot groceries will compete in the same sector as Fresh Market, Earth Fare and Whole Foods Market. The company describes itself as a cross between a farmers market and a full-service grocery store.    

Jim Arnold, owner of the Kahn’s Fine Wines chain, said he has closed the North Willow store and sold the retail plaza to Lauth Property Group for an undisclosed amount. His other two Kahn’s locations will remain open.

Arnold said the North Willow store was making money but the retail plaza was not. He said Lauth will be able to revitalize the plaza by adding Fresh Thyme.

“In a nutshell, they made me an offer I couldn’t refuse,” Arnold said.
 
The plaza also contains a Vanilla Bean Bakery, a Painting with a Twist location, and a 14,000-square-foot vacancy.

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  • Marsh Prices???
    I am forced to stop into Marsh once in a while and their prices are still HIGH!
  • omalias
    I think omalias was best at west 86 street
  • Southside
    Earth Fare is also coming to the south side. It's going into the old OfficeMax building. So it will be basically right across the street from Fresh Thyme Farmers Market.
  • Greenwood
    Finally!!! Southside has been asking for this for years!! Happy we finally can shop at market with fresh fish!!
  • Marsh is a big box too
    Only marsh PR would come on here and try to say otherwise
  • I.Can't.Wait.
    I'm sad to see the amazing selection of beer leave since Kahns is closing, but I am SO happy to have a Whole Foods/Fresh Market store close by. I'll be here every Saturday morning!
  • Greenwood
    I live right by the Greenwood Mall. I am looking forward to this. Thank you for coming here.
  • Local?
    Yes, shop Marsh. It's local if you live in Florida! Remember that little transaction where Sun Capital purchased the chain and all of their little money making businesses? As far as pricing, you might notice that the price per package went down, but the unit cost is much higher. That's what happens when you drop the price by 20% and product by 50%. Dream of the day Marsh decides to close our local markets so they can be backfilled with quality establishments.
  • Shop Marsh
    Shop at Marsh, support local! and to those that say there prices are sky high, think again!!! last summer they reset all of there prices, and they are honestly cheaper than Kroger in a lot of areas. I doubt you'd know if you haven't been in one for awhile
    • Oversaturdated
      it's getting a bit ridiculous, the market is becoming completely over saturated!!! get rid of the big box stores that are destroying local economies all over the country! if you are smart, people in Indy should not shop at Walmart, Target or Meijer. keep your money at Marsh and small specialty stores. by shopping at large national chains you are only encouraging low paying jobs, and sending all money to wall street! America needs to wake up to what is going on w/ the large national companies taking control. its bad for everybody!!!
      • Price
        Actually, I agree with you regarding Fresh Market, but not Fresh Thyme Farmers Market. It is a great concept with excellent quality, especially fresh fruit, that is ultra competitive. In fact, there pricing will rival the larger grocers, with much better quality...
      • PRICE!!
        If you are shopping on price, don't plan on entering the new store...or Fresh Market. They are not competing on price...just quality
        • Great competition
          Kahn's was not a big enough draw on it's own when you can buy wine at any grocery store. I was surprised they went in at that corner. However, I think this will be a good competitor for Trader Joe's crowd and the others mentioned. Not everyone is bargin shopper but if you are foodie these are the groceier you need to get the item you want to cook with. Kroger, Marsh and espcially Walmart are catering to the foodie crowd and are expensive or understaffed. I am excited for the new stores in Castleton & Township line. We need to grow that area more.
        • Why not Westside??
          Westside overlooked again...
        • Why next to Kroger at Willow Lake?
          I doubt if they can beat Kroger in price. I'll still shop at Kroger. It also is near a Marsh--which has sky high prices. I next to never shop here unless it is a great special. There are already many groceries in this area-in a short drive of each other. I have often wondered why Kahn's closed so soon after opening. I don't buy liquor, so never went in there. But, what happened?
          • Underserved
            While I live on the northside and look forward to checking out this store, I would agree that it would be better served in Irvington or downtown as there nothing like this grocery chain in those areas.
          • We eat too
            Why nothing here on the eastside. There are plenty of areas that don't have a decent grocery store. We have money to spent and guess what, we eat too here on the eastside which is 1/4th the area of Indianapolis. Enough with the dollar stores and pawn shops.
          • There is life on the Eastside
            The Eastside is vastly underserved. Come to Irvington, please?!
          • Well, at least the far north and far south are served
            *sigh* Still a monopoly downtown...
          • Fresh Thyme
            Come to Broad Ripple!

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