Tuesday, February 13, 2018

Fresh Market will halt expansion in 2018

Biz Journals

The Fresh Market apparently has backed off any expansion plans in 2018.

After news of the pullback surfaced in other media, Senior Vice President Scott Duggan confirmed the company's position Friday to Triad Business Journal.

"The Fresh Market is proud to be a member of the communities which our 176 stores serve. At present, the company believes the most efficient growth vehicle is to focus on improving core operations within its existing footprint, so it has decided not to open any previously announced new stores for 2018," Duggan said in an email sent to TBJ.. . . more