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Old 03-14-2016, 09:20 AM
Status: "Made the Retirement Run in under 12 parsecs!!!" (set 1 day ago)
 
Location: Cary, NC
43,060 posts, read 76,604,643 times
Reputation: 45383

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http://www.bizjournals.com/triad/new...rt_st_20160314
Dang. I liked my NC-based boutique grocery.
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Old 03-14-2016, 09:24 AM
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11,395 posts, read 13,344,792 times
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I had heard Kroger was interested. Didn't expect them to get bought by anybody though. I also didn't realize they were headquartered in NC.
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Old 03-14-2016, 09:50 AM
 
108 posts, read 151,120 times
Reputation: 136
Oh, that is disappointing.
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Old 03-14-2016, 10:07 AM
 
624 posts, read 687,696 times
Reputation: 312
The price must have gotten too high for Kroger.

Private equity buys and holds things for the sole purpose to either hold it and make money or more likely, flip it and sell it to somebody in a few years.

This could either be the beginning of the end for Fresh Market or a much-needed capital infusion to expand.
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Old 03-14-2016, 11:37 AM
 
Location: Raleigh, NC
464 posts, read 1,040,555 times
Reputation: 447
Should have called it Mostly Frozen Market. From talking to the bakery and meat/seafood folks just about everything came in Frozen. Not much was actually baked / made in house.
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Old 03-14-2016, 11:50 AM
Status: "Made the Retirement Run in under 12 parsecs!!!" (set 1 day ago)
 
Location: Cary, NC
43,060 posts, read 76,604,643 times
Reputation: 45383
Quote:
Originally Posted by tmasek73 View Post
Should have called it Mostly Frozen Market. From talking to the bakery and meat/seafood folks just about everything came in Frozen. Not much was actually baked / made in house.
They grind great bulk breakfast sausage.
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Old 03-14-2016, 12:36 PM
 
Location: Downtown Raleigh
1,682 posts, read 3,436,315 times
Reputation: 2234
I found the store to be a poser. It works hard to look the part, but a quick look at ingredients and sourcing indicates that there's no substance there.
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Old 03-14-2016, 12:48 PM
 
Location: Oxxford Hunt, Cary NC
4,477 posts, read 11,585,527 times
Reputation: 4263
Better than Kroger buying them, I think.
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Old 03-14-2016, 01:59 PM
 
Location: Raleigh, NC
464 posts, read 1,040,555 times
Reputation: 447
Quote:
Originally Posted by MikeJaquish View Post
They grind great bulk breakfast sausage.
I did qualify with the "not much" comment. Obviously there were a very few things they processed in-house somehow. I just thought the name Fresh Market was a bit of a misnomer, depending on your definition of fresh.
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Old 03-14-2016, 03:09 PM
 
Location: River's Edge Inn, Todd NC, and Lorgues France
1,730 posts, read 2,555,664 times
Reputation: 2764
Quote:
Originally Posted by adlnc07 View Post
Better than Kroger buying them, I think.
Kroger bought Harris Teeter, and I don't think the stores have changed much at all.
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