Fresh Brands, Inc. - FRSH- Profile

Fresh Brands, Inc.. The Group's principal activity is the distribution of food through corporate-owned, franchised and independent supermarkets. The Group operates in three segments: Wholesale, Corporate Retail and Franchise Retail. The Wholesale segment derives revenue from the sale of groceries, frozen food and bakery items. The Retail segment consists of 21 corporate supermarkets and two convenience stores. Franchise Retail segment sells products, purchased from wholesale segment and other merchandise to retail consumers. The Group supplies to 102 supermarkets and also serves as a wholesaler to a number of smaller, independently operated supermarkets and convenience stores. Twelve of corporate supermarkets operate under the Piggly Wiggly(R) banner and nine of them operate under the Dick's(R) Supermarkets banner. The Group also offers a line of carbonated soft drinks, fruit drinks and drinking and distilled water under Springtime(TM) label. Wholesale segment accounted for 55% of gross revenues; Corporate Retail, 32% and Franchise Retail, 13%