No Eateries Are a Boon for Apollo’s Fresh Market and Bondholders
- Pandemic sidelines restaurants and boosts ready-to-cook meals
- New CEO seeks to feed demand for organic and healthier foods
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The Fresh Market Inc. has regained some lost ground after years of falling behind bigger rivals, a rare success story when heavily indebted retailers and restaurants are getting battered by pandemic shutdowns.
If anything, the 159-store chain may be getting a boost from the Covid-19 outbreak as consumers demand more healthy and organic food to eat at home, according to analysts.