The Fresh Market

New York -- The Fresh Market announced the resignation of Randy Kelley as SVP real estate and development. Kelley, who is leaving the grocer, to pursue a new business opportunity, will remain with the company through early spring.

GREENSBORO, N.C. — The Fresh Market, a high growth specialty retailer of high quality food products, has announced the resignation of Randy Kelley as SVP real estate and development who will leave the company to pursue a new business opportunity. Kelley will remain with the company through early spring.

Valrico, Fla. -- Indianapolis-based Kite Realty Group said Wednesday that The Fresh Market has leased 18,091 sq. ft. at Lithia Crossing, located in Valrico, Fla.
 
The grocer will also open a store at Shops at Eagle Creek, in Naples, Fla. The new store will comprise 23,935 sq. ft.

Ashburn, Va. -- Miller and Smith, along with JV partner North America Sekisui House, said Tuesday that The Fresh Market will open a new store at One Loudoun, in Loudoun County, Va.

The 23,000-sq.-ft. specialty grocer will break ground in January 2013 and is slated to open fall 2013.  

Greensboro, N.C. - The Fresh Market said Wednesday it has entered into agreements to lease four new store locations that are currently operated as Rice Epicurean Markets, a family-owned specialty food retailer based in Houston.

Rice Epicurean Markets will continue to operate the stores through the end of the year, and will close these four stores during the first quarter of 2013.

An 8% same store sales increase is atypical for a food retailer which is why The Fresh Market’s second quarter performance is so noteworthy.

GREENSBORO, N.C. -- The Fresh Market Inc. said Wednesday that its second-quarter net income surged 27%. The company also lifted its profit outlook for the year.

For the quarter ended July 29, Fresh Market earned $13.3 million, up from $10.5 million in the same period last year.

Revenue rose 21% to $313 million as the number of shopper purchases rose 5% and the average amount spent rose 3%. Same-store sales rose 8%.

New Orleans -- Covington, La.-based Stirling Properties said that The Fresh Market will open a new store in New Orleans on July 25, marking the grocery retailer’s fourth store in the state.

“We are excited to open our store in New Orleans and to expand our reach in Louisiana,” said Craig Carlock, Fresh Market president and CEO. “We look forward to introducing The Fresh Market’s concept of quality perishables, excellent customer service and a unique atmosphere to an expanded customer base.”