IMKTA Stock Discussion

Ingles Markets, Incorporated - Class A Description

Ingles Markets, Incorporated operates a supermarket chain in the southeast United States. The company's supermarkets offer food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products comprising fuel, pharmacy products, health and beauty care products, and general merchandise, as well as provide private label items. Its stores also offers products and services, such as home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as various selections of organic, beverage, and health-related items. As of September 29, 2012, the company operated 81 in-store pharmacies and 72 fuel centers. It operates 203 supermarkets in Georgia, North Carolina, South Carolina, Tennessee, Virginia, and Alabama. In addition, the company engages in the fluid dairy processing and shopping center rental businesses. It owns and operates 69 shopping centers, including 57 centers containing an Ingles supermarket; owns 95 additional properties that comprise a free-standing Ingles store; and owns 12 undeveloped sites suitable for a free-standing store. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Black Mountain, North Carolina.

Sector: Consumer Defensive
Industry: Grocery Stores
Keywords: Retailing Beverage Food Products Grocery Store Retailers Dairy Products Supermarket Frozen Food Beauty Care Products Delicatessen Meal Replacement Supermarket Chain Non Food Products Pharmacy Products