Pete’s Fresh Market, on the other hand, is creating entirely new retail hubs. In the metro Chicago market, some grocers place stores only in affluent neighborhoods with advanced retail hub economies. That creates jobs, supports families and “gives people fresh, convenient foods at a great value,” Dremonas says. Pete’s Fresh Market stores serve as anchors and retail hubs that accelerate development, economic activity and fiscal opportunities. “We have created multimillion-dollar developments in neighborhoods no developer would touch,” she says. Vanessa Dremonas says Pete’s Fresh Market is a business pioneer in the Chicago area. Our affordable luxury is available for everyone.” “The communities are very receptive to our focus on quality and aesthetics. ![]() “We have succeeded in all kinds of markets because of the diversity in our product mix,” she explains. These neighborhoods include average incomes ranging all the way from $30,000 to more than $100,000. “We have tackled different locations with various social, economic and racial demographics, and we have succeeded in African-American, Hispanic and Anglo neighborhoods,” Stephanie Dremonas says. Pete’s Fresh Market stores have succeeded in working-class neighborhoods where other grocery companies have not ventured. Pete’s Fresh Market is still very much a family owned and operated business, as Dremonas works alongside many family members, including daughters Marissa, Stephanie, and Vanessa Dremonas. ![]() Owner James Dremonas has been working in the grocery business since the ripe old age of 16, when he and his brother opened a full service produce stand named after their father in the early 1970s. The expansions come at an exciting time for Pete’s Fresh Market, which is celebrating its 20th anniversary. “We are in a growth phase and plan to open another three to four within the next couple years.” “We are a Chicago-based independent grocery company with 10 stores,” Executive Officer Stephanie Dremonas says. Already thriving in working-class Chicagoland neighborhoods, Pete’s Fresh Market is opening several new grocery stores.
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