The Fresh Market Holdings company is proceeding with an official filing for an initial public offering, marking the second time that the company will go public. The Fresh Market’s preliminary IPO filing this past March came almost five years to the day after the retailer unveiled plans to go private.
“With this offering, we will return to the public markets, which we believe will allow us significant flexibility in funding our strategy, including allowing us to refinance a significant portion of our debt,” President and CEO Jason Potter said in a letter to potential stockholders. The specialty grocer operates 159 stores in 22 states.