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Pete's Fresh Market history
Pete's Fresh Market company history timeline
Built in 1888, the landmark mansion on North Dearborn Street now has the second-highest asking price for any residence in Chicago at present. (Terrence Antonio James / Chicago Tribune; Bob Goldsborough)
In 1963, Pete and his family emigrated from Greece.
He opened his first Pete’s Fruit Market in Waukeegan, Illinois in 1976. the first few years were a struggle but with Pete’s determination and perserverance, it became a successful business.
He started in 1992 on 16th and Greenfield as an open air market during the spring and summer months.
It previously had long been owned by the administrative arm of the Scottish Rite fraternal organization, which sold it in 2006 to Enterprise.
In April 2009, his J.H. Thompson House limited liability company paid $3.128 million to buy the sandstone mansion, which is one of three mansions in a row, from developer Enterprise Cos., which was building the Walton on the Park condominium tower on a nearby parking lot.
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Pete's Fresh Market competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Market Basket | 1916 | $4.0B | 25,000 | 13 |
| Weis Markets | 1912 | $4.8B | 23,000 | 784 |
| Waldbaums | 1904 | $7.1M | 240 | - |
| Rainbow Foods | 1983 | $17.0M | 25 | - |
| Sentry Foods | 1960 | $2.0M | 5 | - |
| Woods Supermarket | 1947 | $75.0M | 750 | 39 |
| Roche Bros. Supermarkets | - | - | 3,300 | 59 |
| Harps Food Stores | 1930 | $1.0B | 4,999 | - |
| Ridley's Family Markets | 1984 | $360.8M | 2,000 | 243 |
| Super One | 1943 | $574.0M | 2,700 | 400 |
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Pete's Fresh Market may also be known as or be related to Pete's Fresh Market and Pete's Fresh Market 4700 Corporation.