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Upscale grocer Fresh Market planning Fishers store

 IBJ Staff
November 27, 2012
Keywords
Grocery Stores, Real Estate & Retail, Retail, Retailers, Specialty stores
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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
    HarveyFNovember 29, 2012 10:45 AM
    The "Carmel" Fresh Market is actually in Westfield.
    Reply to CommentFlag Comment
  • Retail goes where the money and people are
    IndyToddNovember 28, 2012 8:45 PM
    "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.
    Reply to CommentFlag Comment
  • Interesting
    FishersMomNovember 28, 2012 10:32 AM
    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?
    Reply to CommentFlag Comment
  • Do we ALL have to move to the northside to get high end groceries?
    Idyllic IndyNovember 28, 2012 9:19 AM
    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.
    Reply to CommentFlag Comment

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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

  4. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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