North Carolina-based The Fresh Market, which operates more than 150 stores in 22 states, announced this week that it has filed for a initial public offering that it hopes could raise as much as $250 million.
PitchBook reports that "The company was publicly traded from 2010 through 2016, when Apollo Global Management took the company private for $1.36 billion. Founded in 1982, The Fresh Market last went public with an IPO of some $290 million in November 2010, when the company had 100 stores across 20 states … the grocery retailer recorded nearly $2 billion in sales for the year that ended on January 31, 2021, with comparable store sales growth of 22.3% in fiscal year 2020."
