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INGLES MARKETS INC

IMKTA
Consumer DefensiveGrocery Stores Website
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Top Institutional HoldersFrom 13F filings
FundShares HeldPosition ValueAction (latest Q)
D.E. Shaw
David Shaw
109K$7.48MNEW
Citadel
Ken Griffin
34K$2.30MNEW
Renaissance Technologies
Jim Simons (founder)
23K$1.60MNEW
About INGLES MARKETS INC

Ingles Markets Inc. operates a regional chain of supermarkets primarily in the southeastern United States. The company's primary function is retailing food products and other consumer goods, catering to a diverse clientele with a focus on fresh and locally sourced items. Founded in 1963 and headquartered in Asheville, North Carolina, Ingles Markets has established a significant presence in its service areas, often acting as a vital component in local economies. Notably, Ingles Markets Inc. features a comprehensive product lineup that includes grocery, meat, produce, deli, bakery, and floral sectors, alongside pharmacy services and fuel stations. This variety provides a one-stop-shop experience for consumers, enhancing customer convenience and loyalty. The company is dedicated to community engagement, supporting local farmers and artisans through strategic sourcing and partnerships. Ingles Markets plays an essential role in the regional retail landscape by meeting everyday consumer needs while fostering economic growth and development. Its strategic location planning and competitive pricing make it a key player in the supermarket industry, contributing significantly to regional supply chains and employment.

CEO
Mr. James W. Lanning
Employees
12,152
Quick Facts
Exchange–
SectorConsumer Defensive
IndustryGrocery Stores
Market Cap–
Key Dates

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