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The Fresh Market

Website: http://www.thefreshmarket.com

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The Fresh Market operates a chain of supermarkets in the Southeast, Midwest, Mid-Atlantic and Northeastern United States. The stores convey the atmosphere of an old world European market, all under one roof, where you can visit an array of departments: an old-style butcher shop and fish market, bakery, produce and floral stands, and delicatessen.

Stores also have prepared foods and a large selection of bulk products including nuts, dried fruits and candy.

The company has 115 stores in 21 states with 14 to 16 new stores planned this year.

The average Fresh Market store is just 21,000 square feet, compared to the approximately 40,000 to 60,000 square foot stores operated by competing supermarkets. The smaller size allows the company to keep items fresh and focus on providing more personal service.

The Fresh Market went public on the Nasdaq stock market on November 9, 2010. The first Fresh Market store opened in 1982.

For fiscal 2011, the company's reported sales of $1.1 billion, a 13% increase, with net income of $43 million.

"We are excited to report a record year for both sales and earnings," said Craig Carlock, President and Chief Executive Officer. "Our comparable store sales grew 7.0% in the fourth quarter, making it our best quarter in five years, and we also crossed over the annual $1.0 billion sales milestone. Importantly, for fiscal 2011 we opened 13 new stores, we made investments in people, processes and systems to support our growth strategy, and despite rising food and commodity costs and the additional costs incurred related to being a publicly traded company, we were able to increase our operating margin to a very healthy 7.5%. We completed our first year as a public company right on track, growing our net income nearly 25% versus our 2010 adjusted net income and as we look at fiscal 2012 we continue to be extremely enthusiastic about our business and our growth prospects. We believe that fiscal 2012 will be another strong year with expected earnings growth of approximately 18% to 22% and impressive total revenue growth due to expected comparable sales growth of 4% to 6% and the addition of 14 to 16 new stores."

Benefits

• Employee 20% Discount on most TFM products
• Medical/Dental/Vision Coverage
• Prescription Drug Card
• Employee Assistance Program
• Annual Bonus Programs (All Employees)
• Employee 401(k) Retirement Savings Plan with Company Match
• Flexible Spending Accounts Program
• Paid Annual Leave Program
• Short-Term and Long Term Disability Program
• Life Insurance Program
• Immediate Medical/Life/Prescription/Dental & Vision coverage available
• Direct Deposit
• Employee Referral Program

Updated March 10, 2012