Ingles

2 History

For other uses, see Ingles (disambiguation).

Ingles Markets, Inc. is an American regional

Ingles began in 1963 when Robert P. Ingle opened its rst

location in Asheville, North Carolina. From the beginning, it was known as Ingles and not Ingles.[6]
Ingle was following in his fathers footsteps, who had
been in the grocery business until 1956.[2] In 1982, Ingles
purchased a milk processing and packaging plant from
Sealtest, which it operates as Milkco Inc., a wholly owned
subsidiary.[7] Two-thirds of Milkcos 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.[3] Ingles became
a publicly traded company in 1987.[3]

Ingles in Thomasville, North Carolina.

supermarket chain based in Black Mountain, North Carolina.[5] As of January 2011, The company operates over
200 supermarkets in the Southeastern United States. The
company, although listed on the NASDAQ, is familycontrolled, with 86% of the voting power and nearly half
of the shares owned by the Ingle family.[3]

In the 2000s, the chain started building Ingles Gas Express gas stations with many of its newer stores.

In Feb 2005, Ingles Markets announced it would restate

nancial statements for scal 2002 and 2003 and the rst
three quarters of scal 2004, to correct the accounting for
As an adjunct to its supermarket business, Ingles owns vendor allowances and certain other items.[8] The restateand operates shopping centers, gas stations and a milk ment was a signicant factor in January 2006 announceprocessing and packaging plant.[3]
ment that Ingles received a Wells notice from the U.S.
Securities and Exchange Commission.[9]

Following the death of Robert Ingle on March 6, 2011,[10]

his son Robert P. Ingle II became CEO.[11]

Locations

In December 2012 and December 2013, the company

collaborated with Eblen Charities St. Nicholas Project
on what they called Ingles Toy Store, oering toys,
games, clothes and stocking stuers" to needy North Carolina families.[12]

Ingles operates 201 stores in six southeastern states:[1]

Alabama: 1
Georgia: 71
North Carolina: 71

3 Competition

South Carolina: 36

Local competitors include Harris Teeter, Bi-Lo, Kroger,

Food City, Food Lion, Lowes Foods, Publix, and United
Grocery Outlet.[13]

Tennessee: 21
Virginia: 2

4 References
Ingles also owns and operates Sav-Mor Foods, which includes seven locations in North Carolina and one each in
South Carolina and Tennessee.

[1] Ingles Markets, Inc. Reports 49th Year of Record

Sales.... Press release. Asheville, NC: Ingles Markets.
December 9, 2013. Retrieved 2014-05-31.

Substantially all of Ingles stores are located within 280

miles (450 km) of its warehouse located in Black Mountain, North Carolina.[3]

[2] All About Ingles. Ingles Markets. Retrieved 2011-0311.

[3] Ingles Markets: What Makes It Something Special?".

Seeking Alpha. Retrieved 2011-03-11.
[4] Ingles Markets Inc Black Mountain NC, 287119103.
Manta.com. Retrieved 2014-05-31.
[5] "Contact Information. Ingles Markets. Retrieved on
November 17, 2012. 2913 US Highway 70 W Black
Mountain, NC 28711-9103
[6] Blake, Casey (May 2, 2014). Answer woman: Ingles
punctuation, Mott complaint. Asheville Citizen-Times.
Retrieved 2014-05-31. Ingles CFO Ron Freeman ... said
the continued mispunctuation is a nod to the old-school
ways of store naming. Weve used Ingles without the
apostrophe ever since our rst store opened in 1963, he
said. Pictures of our rst store and our rst newspaper
ad dont have the apostrophe, he said. Its somewhat
unique, but not entirely uncommon in the retail industry.
Think back to the movie Miracle on 34th St. when you
had Macys and Gimbels (founded by Adam Gimbel).
[7] All About Ingles: Milkco Inc.. Ingles Markets. Retrieved 2011-03-11.
[8] Ingles Markets, Inc To Restate Prior Periods (PDF).
[9] SEC may discipline Ingles: 'Wells Notice' stems from
'02-'03 accounting issues. Chain Store Age. January 23,
2006. Retrieved 2014-05-31.
[10] Motsinger, Carol (6 March 2011). Bob Ingle, founder
of Asheville-based Ingles grocery chain, dies. Asheville
Citizen-Times. Retrieved 2011-03-06.
[11] Robert P. Ingle, Founder of Ingles Markets, Incorporated
Dies at Age 77. Press release. Ingles Markets. March 7,
2011. Retrieved 2011-03-11.
[12] Ingles Toy Store opens in Asheville. Asheville CitizenTimes. December 9, 2013. Retrieved 2014-05-31. Ingles
Markets and Eblen Charities St. Nicholas Project have
collaborated for the second year in a row to ll the Ingles Toy Store with thousands of toys, games, clothes and
stocking stuers to help families and children in the mountains as Christmas approaches.
[13] Barrett, Mark (March 31, 2014). Ingles eyes bigger
South Asheville store. Asheville Citizen-Times. Retrieved 2014-05-31. Ingles faces renewed competition in
the South Asheville market. Katuah Market opened in
Biltmore Village in December, The Fresh Market opened
a store at 1378 Hendersonville Road on March 5 and Publix is scheduled to open its rst store in Buncombe County
at 1832 Hendersonville Road by the end of the year.

External links
Ocial website

EXTERNAL LINKS

Text and image sources, contributors, and licenses

6.1

Text

Ingles Source: https://en.wikipedia.org/wiki/Ingles?oldid=711956658 Contributors: Choster, WhisperToMe, JonathanDP81, Michael Devore, Utcursch, D6, Xezbeth, Mairi, Xojo, Alansohn, Interiot, Saga City, Dave.Dunford, BDD, Woohookitty, Rjwilmsi, Lockley, The
wub, Columbia, BradBeattie, Knowledgeum, SmackBot, Chris the speller, Jnelson09, Ser Amantio di Nicolao, General Ization, Gobonobo,
Scoty6776, Zarex, Plcoey, Achangeisasgoodasa, Asterdash, Freddiem, Spencer, J-stan, Magioladitis, KyleAndMelissa22, JamesBWatson, Mjrmtg, JSweit8573, J.delanoy, Jason&wendy, Li'l Blue Idol, CBright7831, UnitedStatesian, Lamro, Enviroboy, Flyer22 Reborn, CutOTies, Lightmouse, Xnatedawgx, ImageRemovalBot, Cellorelio, Niceguyedc, Blueavlo, MantisEars, Leontios, Stoiccontradiction, Wikiboy12, Lightbot, Washburnmav, AnomieBOT, Goc123, ExpendableNoob, Jesse V., Minimac, John of Reading, Illegitimate Barrister,
ClueBot NG, Shokushinkai, NoomBot, Bb4585, MusikAnimal, Loriendrew, Vanamonde93, AmaryllisGardener, MeganKing, ACase0000,
Isc, BestBraves, GeneralizationsAreBad, Jacobhiltz and Anonymous: 79

6.2

Images

File:Flag_of_North_Carolina.svg Source: https://upload.wikimedia.org/wikipedia/commons/b/bb/Flag_of_North_Carolina.svg License: Public domain Contributors: ? Original artist: ?

File:Industry5.svg Source: https://upload.wikimedia.org/wikipedia/commons/2/2a/Industry5.svg License: CC0 Contributors: https://
openclipart.org/detail/237859/factory Original artist: Tsaoja
File:Ingles_Markets_Logo.svg Source: https://upload.wikimedia.org/wikipedia/commons/a/a3/Ingles_Markets_Logo.svg License: Public domain Contributors: http://en.wikipedia.org/wiki/File:Ingles.svg Original artist: Ingles Markets, Inc.
File:Ingles_Thomasville,_NC_(8115157903).jpg
Source:
https://upload.wikimedia.org/wikipedia/commons/7/72/Ingles_
Thomasville%2C_NC_%288115157903%29.jpg License: CC BY-SA 2.0 Contributors: Ingles Thomasville, NC Original artist:
Mike Kalasnik from Fort Mill, USA
File:Wiki_letter_w_cropped.svg Source: https://upload.wikimedia.org/wikipedia/commons/1/1c/Wiki_letter_w_cropped.svg License:
CC-BY-SA-3.0 Contributors: This le was derived from Wiki letter w.svg: <a href='//commons.wikimedia.org/wiki/File:
Wiki_letter_w.svg' class='image'><img alt='Wiki letter w.svg' src='https://upload.wikimedia.org/wikipedia/commons/thumb/6/6c/Wiki_
letter_w.svg/50px-Wiki_letter_w.svg.png' width='50' height='50' srcset='https://upload.wikimedia.org/wikipedia/commons/thumb/6/6c/
Wiki_letter_w.svg/75px-Wiki_letter_w.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/6/6c/Wiki_letter_w.svg/
100px-Wiki_letter_w.svg.png 2x' data-le-width='44' data-le-height='44' /></a>
Original artist: Derivative work by Thumperward

6.3

Content license

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