Ingles
Ingles Markets, Inc. (stylized as ingles) is an American supermarket chain based in Black Mountain, North Carolina. As of September 2021, the company operates 198 supermarkets in the Appalachian region of the Southeastern United States. The company is listed on the NASDAQ under the ticker symbol IMKTA and is part of the Global Select Market tier of trading.
An Ingles location in Candler, NC | |
| Formerly | Ingles Corner Shop |
|---|---|
| Company type | Public |
Traded as | Nasdaq: IMKTA (Class A) NASDAQ |
| Industry | Retail grocery |
| Founded | 1963 Asheville, North Carolina, U.S. |
| Founder | Robert P. Ingle |
| Headquarters | , U.S. |
Number of locations | 198 |
Areas served | |
Key people | Robert P. Ingle II (Chairman of the board) James W. Lanning (President, CEO) Brian S. Worley (Vice President) Laura Ingle Sharp (Director) |
| Products | Bakery, delicatessen, seafood, meat, produce, snacks, drinks, frozen foods, health & beauty, general merchandise, pharmacy |
| Brands | Laura Lynn and Harvest Farms (private label) |
| Revenue | US$5 billion (2021) |
| US$350 million (2017) | |
Net income | US$250 million (2021) |
| Total assets | US$2 billion (2021) |
| Total equity | US$983 million (2021) |
| Owner | Ingle Family (50%) |
Number of employees | 26,000 (2021) |
| Subsidiaries | Milkco, Inc. Sav-mor foods |
| Website | ingles-markets |
As an adjunct to its supermarket business, Ingles owns and operates shopping centers, gas stations and a milk processing plant.
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