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    Ingles Markets, Incorporated (IMKTA)

    47.91 Down 0.02(0.04%) Jul 2, 4:00PM EDT
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    Ingles Markets, Incorporated
    2913 U.S. Highway 70 West
    Black Mountain, NC 28711
    United States - Map
    Phone: 828-669-2941
    Website: http://www.ingles-markets.com

    Index Membership:N/A
    Industry:Grocery Stores
    Full Time Employees:8,740

    Business Summary 

    Ingles Markets, Incorporated operates various supermarkets in the southeast United States. The company’s supermarkets provide various food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products comprising fuel, pharmacy products, health and beauty care products, and general merchandise, as well as private label items. Its stores also offer home meal replacement items, delicatessens, bakery and floral products, and greeting cards, as well as various selections of organic, beverage, and health-related items. As of September 28, 2013, the company operated 194 supermarkets under the Ingles name and 9 supermarkets under the Sav-Mor name in western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama. It also operated 91 in-store pharmacies and 74 fuel centers. In addition, the company is engaged in the fluid dairy processing and shopping center rental businesses. It owns and operates 68 shopping centers; and owns 96 additional properties that comprise a free-standing Ingles store, as well as 19 undeveloped sites suitable for a free-standing store. Ingles Markets, Incorporated was founded in 1963 and is based in Black Mountain, North Carolina.

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    Corporate Governance 
    Ingles Markets, Incorporated’s ISS Governance QuickScore as of Jun 1, 2015 is 8. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 10; Compensation: 2.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Robert P. Ingle II, 46
    Chairman, Chief Exec. Officer and Member of the Exec. Committee
    Mr. James W. Lanning , 56
    Pres, Chief Operating Officer, Director and Member of Exec. Committee
    Mr. Ronald B. Freeman CPA, 58
    Chief Financial Officer, Pres of Fin., Director, Member of Exec. Committee and Member of HR Advisory Committee
    Mr. L. Keith Collins , 58
    Director and Pres of Milko Inc
    Pat Jackson CPA,
    Sec. and Controller
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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