Content about Ingles Markets

April 30, 2012

Net sales for Ingles Markets experienced a spike during the second quarter and first half of fiscal year 2012, the retailer reported Monday.

ASHEVILLE, N.C. — Net sales for Ingles Markets experienced a spike during the second quarter and first half of fiscal year 2012, the retailer reported Monday.

April 29, 2011

ASHEVILLE, N.C. — Net sales and net income for Ingles Markets realized a 4% and 38% increase, respectively, during the second quarter ended March 26, the retailer announced Friday.

Ingles reported that second-quarter net sales rose $33.4 million to $870.4 million, while second-quarter net income increased from $5.6 million to $7.7 million.

March 7, 2011

Robert Ingle, the founder and CEO of regional supermarket chain Ingles Markets, died March 6, the company announced Monday.

ASHEVILLE, N.C. — Robert Ingle, the founder and CEO of regional supermarket chain Ingles Markets, died March 6, the company announced Monday. He was 77.

The company's board of directors said Ingle will be succeeded by his son, Robert Ingle II, who has been Ingles chairman of the board since 2004.

Ingle, who founded the business in 1963, served as CEO since the company was incorporated in 1965, as well as president from 1965 until 1982.

Ingles Markets operates 203 supermarkets across six southeastern states.

February 17, 2011

Bankrupt grocer A&P, which just revealed plans to shutter 32 stores in six states, has bolstered its merchandising and marketing team with the appointment of six new executives.

MONTVALE, N.J. — Bankrupt grocer A&P, which just revealed plans to shutter 32 stores in six states, has bolstered its merchandising and marketing team with the appointment of six new executives.

A&P filed for bankruptcy in December 2010 and is in the midst of a turnaround aimed at reducing structural operating costs and enhancing value for shoppers. On Feb. 15, the company announced it is seeking court approval to close 32 stores by the end of the company's fiscal first quarter.

The new executives are: