What grocery chain owns Fresh Market?
As of July 5th, 2022, Cencosud completed the acquisition of 67% of the shares of The Fresh Market Holdings, Inc, with Apollo Global Management and other shareholders retaining 33% of the shares. UPI) — Chilean holding company Cencosud (Centros Comerciales Sudamericanos) announced it has acquired full ownership of premium supermarket chain The Fresh Market after purchasing the remaining 33% stake held by investment fund AP VIII Pomegranate Holding.Cencosud Becomes Sole Owner Of The Fresh Market. Chile-based retail group Cencosud has become the sole owner of US supermarket chain The Fresh Market (TFM). This follows the acquisition of the remaining 33% stake in the company from asset manager Apollo Global Management for $295 million (€252 million).Fresh Market is majority owned by a Latin American conglomerate called Cencosud (with the rest owned by PE douchebags Apollo Global).
Does Amazon own Fresh Market?
Amazon Fresh operates independently of Whole Foods Market, which is also owned by Amazon. They have separate facilities and separate inventories that they sell. Whole Foods was struggling with declining sales when Bezos’ Amazon bought the grocery chain for $13. It could have been easy to raise prices for an immediate revenue bump.The company launched Amazon Fresh in 2007, then a pilot project for fresh food delivery, before acquiring upscale chain Whole Foods for $13. Amazon debuted its Fresh grocery chain in 2020, with an eye toward mass-market shoppers.Key Highlights. On Friday, June 16, Amazon announced it was acquiring Whole Foods Market for $13. Just a few hours later, Walmart announced the completion of its $310 million acquisition of the men’s apparel direct-to-consumer retailer Bonobos.