Ingles
Encyclopedia
Ingles Markets is an American regional supermarket
chain based in Asheville, North Carolina
. As of January 2011, The company operates 201 supermarkets in the Southeastern United States
. The company, although listed on the NASDAQ
, is family-controlled, with 86% of the voting power and nearly half of the shares owned by the Ingles family.
As an adjunct to its supermarket business, Ingles owns and operates shopping centers and a milk processing and packaging plant.
All of Ingles' stores are located within 280 miles (450.6 km) of its warehouse located in Black Mountain, North Carolina
.
. Ingles was following in his father's footsteps, who had been in the grocery business until 1956. In 1982, Ingles purchased a milk processing and packaging plant from Sealtest, which it operates as Milkco Inc., a wholly owned subsidiary. Two-thirds of Milkco's business, which was later expanded beyond dairy to include products such as citrus, tea, and bottled water
, is from food service distributors, grocery warehouses, and independent specialty retailers located in 17 states as of 2010. Ingles became a publicly traded company in 1987.
In the 2000s, the chain started building "Ingles Gas Express" gas stations with many of its newer stores.
Following the death of Robert Ingle on March 6, 2011, his son Robert P. Ingle II became CEO.
Supermarket
A supermarket, a form of grocery store, is a self-service store offering a wide variety of food and household merchandise, organized into departments...
chain based in Asheville, North Carolina
Asheville, North Carolina
Asheville is a city in and the county seat of Buncombe County, North Carolina, United States. It is the largest city in Western North Carolina, and the 11th largest city in North Carolina. The City is home to the United States National Climatic Data Center , which is the world's largest active...
. As of January 2011, The company operates 201 supermarkets in the Southeastern United States
Southeastern United States
The Southeastern United States, colloquially referred to as the Southeast, is the eastern portion of the Southern United States. It is one of the most populous regions in the United States of America....
. The company, although listed on the NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
, is family-controlled, with 86% of the voting power and nearly half of the shares owned by the Ingles family.
As an adjunct to its supermarket business, Ingles owns and operates shopping centers and a milk processing and packaging plant.
Locations
Ingles operates 201 stores in six states:- AlabamaAlabamaAlabama is a state located in the southeastern region of the United States. It is bordered by Tennessee to the north, Georgia to the east, Florida and the Gulf of Mexico to the south, and Mississippi to the west. Alabama ranks 30th in total land area and ranks second in the size of its inland...
: 1 - GeorgiaGeorgia (U.S. state)Georgia is a state located in the southeastern United States. It was established in 1732, the last of the original Thirteen Colonies. The state is named after King George II of Great Britain. Georgia was the fourth state to ratify the United States Constitution, on January 2, 1788...
: 72 - North CarolinaNorth CarolinaNorth Carolina is a state located in the southeastern United States. The state borders South Carolina and Georgia to the south, Tennessee to the west and Virginia to the north. North Carolina contains 100 counties. Its capital is Raleigh, and its largest city is Charlotte...
: 68 - South CarolinaSouth CarolinaSouth Carolina is a state in the Deep South of the United States that borders Georgia to the south, North Carolina to the north, and the Atlantic Ocean to the east. Originally part of the Province of Carolina, the Province of South Carolina was one of the 13 colonies that declared independence...
: 37 - TennesseeTennesseeTennessee is a U.S. state located in the Southeastern United States. It has a population of 6,346,105, making it the nation's 17th-largest state by population, and covers , making it the 36th-largest by total land area...
: 21 - VirginiaVirginiaThe Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...
: 2
All of Ingles' stores are located within 280 miles (450.6 km) of its warehouse located in Black Mountain, North Carolina
Black Mountain, North Carolina
Black Mountain is a town in Buncombe County, North Carolina, United States. The population was 7,511 at the 2000 census. It is part of the Asheville Metropolitan Statistical Area. The town is named for the Black Mountain range of the Blue Ridge range in the Southern Appalachians.-History:Black...
.
History
Ingles began in 1963 when Robert "Bob" Ingle opened its first location in Asheville, North CarolinaAsheville, North Carolina
Asheville is a city in and the county seat of Buncombe County, North Carolina, United States. It is the largest city in Western North Carolina, and the 11th largest city in North Carolina. The City is home to the United States National Climatic Data Center , which is the world's largest active...
. Ingles was following in his father's footsteps, who had been in the grocery business until 1956. In 1982, Ingles purchased a milk processing and packaging plant from Sealtest, which it operates as Milkco Inc., a wholly owned subsidiary. Two-thirds of Milkco's business, which was later expanded beyond dairy to include products such as citrus, tea, and bottled water
Bottled water
Bottled water is drinking water packaged in plastic or glass water bottles. Bottled water may be carbonated or not...
, is from food service distributors, grocery warehouses, and independent specialty retailers located in 17 states as of 2010. Ingles became a publicly traded company in 1987.
In the 2000s, the chain started building "Ingles Gas Express" gas stations with many of its newer stores.
Following the death of Robert Ingle on March 6, 2011, his son Robert P. Ingle II became CEO.