Fresh Market shares jump after report Kroger could buy chain
The possible acquisition is not a complete surprise. Fresh Market has been trying to get someone to save it for months now, and Kroger has been on an aggressive acquisition spree.
The possible acquisition is not a complete surprise. Fresh Market has been trying to get someone to save it for months now, and Kroger has been on an aggressive acquisition spree.
The Fishers-based grocery chain did not say how much it would spend to "remodel and upgrade" 30 of its 73 stores.
Kroger will add about 150 stores in Wisconsin and Illinois with acquisition, expanding its already sizable presence in the Midwest.
Health-conscious consumers might be persuaded to eat more beef if it was fortified with heart-healthy omega-3 fatty acids naturally found in salmon and walnuts, according to researchers and some ranchers.
Instacart said it has hired 70 local shoppers who will pick up and deliver merchandise starting Tuesday from Marsh Supermarkets, Whole Foods Market, Petco, Georgetown Market and Costco.
The Indianapolis Symphony Orchestra’s outdoor concert series posted total attendance of more than 100,000 in 2014. Marsh Supermarkets has sponsored the series since its inception in 1982.
Kroger is among several grocery stores that are testing or using online ordering systems in various markets.
In an area underserved by grocery stores, the chain is planning a store on East 38th Street as part of a larger $8.7 million, 40,000-square-foot retail project.
Declining revenues were too much of a challenge to overcome, the local grocer said in a statement. The chain opened its first store in 1957.
Developer Steve Pittman spent two years securing a specialty grocery as an anchor tenant after presenting the $90 million mixed-use project dubbed “The Farm” to Zionsville officials.
Giant Eagle Inc. said it plans to hire more than 500 workers to work at the massive Market District grocery store it is building in Carmel.
Marsh, which has retrenched repeatedly since being acquired by Sun Capital Partners in 2006, now must weather even more competition from Kroger.
The Cincinnati-based grocer on Wednesday revealed further details of a four-year strategy to solidify its place in the Indianapolis-area market, including new, expanded and remodeled stores.
The number of in-store bank branches—mostly at grocery stores—has been trending downward for years, and in the coming months they’ll be all but gone from Indianapolis.
After shrinking supply sent beef costs surging last year, the government still expects output to drop to a 22-year low in 2015.
An effort to dial back proposed restrictions on grocery, convenience and drug stores in a bill that would legalize Sunday carryout alcohol sales was narrowly defeated Thursday in the Indiana House.
The proposal to legalize Sunday carry-out alcohol sales in Indiana now could force grocery stores and pharmacies to follow the same regulations as liquor stores.
Kroger Co.’s store at 116th Street and Olio Road in Fishers has a date with the wrecking ball—as soon as its super-sized replacement ready to open.
A Purdue University agricultural economist says Thanksgiving food shoppers will find adequate supplies of turkeys but possibly at slightly higher prices.
The retailer had filed plans to rezone nearly an acre along East 56th Street and Keystone Avenue for a 200,000-square-foot store, which neighbors argued would bring too much traffic to the area.