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Upscale grocer Fresh Market planning Fishers store

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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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  • Not
    The "Carmel" Fresh Market is actually in Westfield.
  • Retail goes where the money and people are
    "Do we ALL have to move to the northside to get high end groceries?" Yes. At least for now. The bottom line is national businesses like Fresh Market know what they are doing and that's how they have stayed in business. There just aren't enough residents downtown to support something like this. Despite everyone that moves downtown being featured in a story in the Indy Star (that's a joke...but not that far from the truth) there still aren't that many people living downtown. Less than 30k I believe. For most people to the north of downtown the location on 54th street is going to be more convenient. Especially if they have the money to shop there. It's just tough for downtown to support a business like this compared to Carmel or Fishers with over 80,000 people each just in their city limits with very high incomes. There are pros and cons to living either in the suburbs or downtown but you've got to realize that many of the conveniences of the suburbs will never exist downtown.
  • Interesting
    I believe several years ago Fresh Market was slated to open a store at the same location. Wonder if it will really happen this time? Could it be because Earth Fare has entered the market north of this location?
  • Do we ALL have to move to the northside to get high end groceries?
    What does that make about 26, 27 specialty grocers on the northside, versus how many downtown or on the southside? I'm hoping that eventually one of these chains will realize that they can make money downtown, even if the demographics aren't as good as the northside, IF they are the only specialty store within an 8-mile radius.

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  1. to mention the rest of Molly's experience- she served as Communications Director for the Indianapolis Department of Public Works and also did communications for the state. She's incredibly qualified for this role and has a real love for Indianapolis and Indiana. Best of luck to her!

  2. Shall we not demand the same scrutiny for law schools, med schools, heaven forbid, business schools, etc.? How many law school grads are servers? How many business start ups fail and how many business grads get low paying jobs because there are so few high paying positions available? Why does our legislature continue to demean public schools and give taxpayer dollars to charters and private schools, ($171 million last year), rather than investing in our community schools? We are on a course of disaster regarding our public school attitudes unless we change our thinking in a short time.

  3. I agree with the other reader's comment about the chunky tomato soup. I found myself wanting a breadstick to dip into it. It tasted more like a marinara sauce; I couldn't eat it as a soup. In general, I liked the place... but doubt that I'll frequent it once the novelty wears off.

  4. The Indiana toll road used to have some of the cleanest bathrooms you could find on the road. After the lease they went downhill quickly. While not the grossest you'll see, they hover a bit below average. Am not sure if this is indicative of the entire deal or merely a portion of it. But the goals of anyone taking over the lease will always be at odds. The fewer repairs they make, the more money they earn since they have a virtual monopoly on travel from Cleveland to Chicago. So they only comply to satisfy the rules. It's hard to hand public works over to private enterprise. The incentives are misaligned. In true competition, you'd have multiple roads, each build by different companies motivated to make theirs more attractive. Working to attract customers is very different than working to maximize profit on people who have no choice but to choose your road. Of course, we all know two roads would be even more ridiculous.

  5. The State is in a perfect position. The consortium overpaid for leasing the toll road. Good for the State. The money they paid is being used across the State to upgrade roads and bridges and employ people at at time most of the country is scrambling to fund basic repairs. Good for the State. Indiana taxpayers are no longer subsidizing the toll roads to the tune of millions a year as we had for the last 20 years because the legislature did not have the guts to raise tolls. Good for the State. If the consortium fails, they either find another operator, acceptable to the State, to buy them out or the road gets turned back over to the State and we keep the Billions. Good for the State. Pat Bauer is no longer the Majority or Minority Leader of the House. Good for the State. Anyway you look at this, the State received billions of dollars for an assett the taxpayers were subsidizing, the State does not have to pay to maintain the road for 70 years. I am having trouble seeing the downside.

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