GREENSBORO, NC - Physical expansion is key when it comes to capturing a larger slice of the retail market. A keen eye for opportunity cannot be overlooked, and The Fresh Market has found this in its latest executive appointment. The company recently named Ted Frumkin as its new Group Vice President of Real Estate, Development, and Construction.
Frumkin has overseen the opening of more than 550 new stores across the United States. Over his career, he has added over 10,000,000 square feet of retail space and 150 restaurant outlets, according to a press release. Prior to joining The Fresh Market, Frumkin served as the Chief Development Officer for Sprouts Farmers Market, helping to add more than 200 stores during his tenure.
With such a resume, it is no wonder The Fresh Market saw his experience and successes as such assets.
"Ted brings more than 36 years of experience in strategic market planning, new store development, construction project management, procurement, property management, and financial analysis," said Jim Heaney, Chief Financial Officer. "We are looking forward to his expertise to help The Fresh Market continue to innovate fresh specialty grocery."
Other companies Frumkin has worked for include Staples, Rubio's Coastal Grill, Office Depot, Walmart, and Taco Bell.
Frumkin earned his Bachelor of Fine Arts degree from Texas Christian University and an MBA from Florida International University College of Business.
Congratulations to Ted Frumkin on his appointment!
