Press Release - For Immediate Release
Fresh Market Inks New Pact With Burris
Issue Date: November 3, 2011
SN STAFF, Supermarket News
GREENSBORO, N.C — The Fresh Market here said Thursday it has reached an agreement with Burris Logistics for Burris to provide inventory management, warehousing and transportation services for the next four years.
The current contract between the upscale food retailer and Milford, Del.-based Burris was set to expire in February 2012.
The new agreement provides that Burris may begin to utilize a second distribution center in the mid-Atlantic region in 2012 to service The Fresh Market. It also provides for revised pricing and other financial terms, the retailer said in a filing with the Securities and Exchange Commission.
The new agreement replaces an agreement in principle the two companies had entered into on Sept. 30.
About Burris Logistics
Established in 1925, and celebrating a 90-year milestone, Burris Logistics operates an expanding network of temperature controlled warehousing and distribution centers from Florida to Massachusetts. This fifth-generation, family-owned enterprise provides leading edge logistics, transportation, and supply chain solutions coast to coast through four distinct operating divisions: Burris Custom Retail Distribution, Burris PRW Plus (Public Refrigerated Warehousing), Burris Transportation and Honor Foods (a redistributor of frozen, refrigerated and dry food service products). For more information about their trend-setting logistics and deep-rooted values® please visit www.burrislogistics.com.